Hello friends, this is EA chart after the Aus trade balance news after new as u can see on 5 min chart i draw two lines and left it actually i want to see what happens at these lines my point is that For entry we can use Support and Resistance also which is very effective also u can back test it.
As u can see in the chart these lines become Support after news give very good entry point first one (Upper one) is week support price did react to it and went 10 pips up and as u can see the second support (Lower one) is at very strong level price react to it and went up for 35 pips.