Rationale:
Bullish progression continues - buy the dips into 1.2450 - 1.2430 area. Anything below 38%FiboRet of last swing invalidates the bullish count.
Please notice that there is MACD Bearish Divergence on H4 TF so trading plan might not work well.
Entry:
Buy Limit @ orange rectangle area of 1.2450 - 1.2430
SL: 1.2415
TP1: 1.2530
TP2: 1.2580
R/R: 6:1 and 8:1
Take care,
Seb
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