I think the next week is time to break the trend as you drew it. RSI divergence and potential H&S @ D1. (just an idea..)
11021992
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@NikolasMaroulas, Thank you for your reply. I didn't enter short yet. I was waiting for the retracement to the 0.85400 area and enter from there, but I might have to adjust that plan.
11021992
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@NikolasMaroulas, Whoops, replied to the wrong person. And yes, I'm still expecting this breakout to happen. Probably on the next retest.
UnknownUnicorn522940
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I like it! It is necessary to wait, when there will be a breakdown of the trend line, and then wait for testing of this line. You can sell when the price will be close to the trend line.
11021992
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@forexloser, Thank you for your reply. I didn't enter short yet. I was waiting for the retracement to the 0.85400 area and enter from there, but I might have to adjust that plan.