The price bounced from the support zone formed by the uptrend line,SMA100 and confirmed continuation of the main uptrend.MACD supports the upward movement and DMI shows that the market has potential for strong price movement and reaching the previous highs at least.RSI reverses in the overbought zone and we should expect for short term retracement to the uptrend line.The zone near SMA100 and the uptrend line will be good for opening new long positions.You can wait for a confirmed reversal signal from this zone and trade based on it or you just place pending orders for buy at 0.000300 level with stop orders at 0.000250 lever.Profit target for short term trading should be at 0.000400 level.If you are looking for long term trades,the profit target should be at 0.000600 level and a part of volume can be left for long run.Also it's possible to open such trades on the current prices.Use the same stop and take profit orders.
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