Entry price: 125.955
Take profit: 126.745
Stop loss: 125.428
Daily graph shows uptrend, so we are looking to buy.
4 Hour graph
Price is retracing and has reached 50 EMA and trend line (dotted green line). Big red downward wicked candlestick is a sign of indecision. That means there is a high chance of price starting to climb up again. We put our entry some pips above the indecision candle and stop loss below.