I think it's worthy to have a try now. Although there maybe two possible way of price trend, I take 18.6% of my positions to trade for long direction, stop loss at 1.22523, first target is 1.23362, (if bullish trend goes well) second target is 1.23872, third target is 1.24463 ...
Comment
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Maybe I have some personal subjective predictions in this analysis.
Trade active
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It seems price went as I expected last night. I closed half of my long positions and kept the other half, canceled the target limit and raised the stop limit price above my cost line, below the bullish trend line. Just hold and wait, gradually change the stop limit price as time goes on, let's see how long this trade can keep on. Good luck.……
Trade closed: target reached
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My long position was done last night, price got down and reached my stop limit (about 1.23457). Although price actually got above my second target( 1.23872), I didn't stop my position manually at that time, because I don't want to predict the market trend, it maybe continue its bullish trend, I just follow it, so when the raising trend get over last night, my trade position was finished automatically.