We may have a triangle here and as the short-term trend is up, I'd like to see this one break higher and move above the spike high (0.8293) made last Thursday.
But keep in mind that this is a counter trend setup as the higher TF trend is clearly down.. so, tread lightly.
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capitalpropertiesfx
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Setup changed a bit but is still alive. I would move the Target area lower to 0.8260