Not only does this triple bottom come at a level which price tested and completely rejected about 6 months ago, it is also setting up at the first real test of previous resistance after the "death drop" in January 2015.
I'm looking for a break & retest of 60 min formation, and price to consolidate in the TP1 zone. If TP1 zone is broken ( included), a re entry is in order to TP2 and beyond. (wishful thinking)
Entry - 1.07230 area
SL - 1.06700
TP - 1.08300
approx 2:1 risk/reward
on the gives us another clue that price may be going up, however, price has a lot more open space to the downside. So in the coming weeks/months, i will be looking to short off the break & retest of support.