Cup and handle projection gives us potential TP level at 1.6900 on longer term. To get there, it will first have to break through 1.5700 - 1.5800 with higher highs and higher lows. If it will succeed, I will be looking for first long positions towards 1.6000 - this one will have to get broken next for next bunch of long positions on pullbacks.
I'm planning to offload part of positions at 1.6400, align SL etc.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
I'm planning to offload part of positions at 1.6400, align SL etc.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
