The lastest impulse up was caused by a fundamental event and could well be the last wave up before we see the continuation of the downtrend. We can see the price is forming an ending diagonal reversal pattern. A break and retest of this structure on a lower timeframe is a good entry point. Very nice R:R also
Trade active
Trade closed manually:
30 pips profit . trade closed
Comment:
104 pips in profit now...