Usually, the previous candle would have closed above this line, so the key to the trade is to wait for a possible pullback to this line.A more appropriate entry would be a Buy Limit trade, using the price at the blue pivot as the entry price.However, if the price candles move is so strong as to break this line and close above it, then the next pivot above becomes the new profit target.In this chart, the pivot was broken by strong bearish movement, so the next pivot is used as the 2 nd TP target (TP2).
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