Breakout lower from that consolidation and out of the descending triangle pattern with strong momentum could signal a trend reversal. Retracement around 38.20% could be a scenario if this breakout occurs.
Trade closed: target reached:
It was a great trade. This trade was already close when it hit around a 38.20% level where I had my target point (TP). I will create ideas in the coming days on it if I get more probabilities area.
