The price perfectly fulfills my last idea. The market hit the target. The price action is forming the ascending triangle pattern. Price is getting close to the primary zone of resistance. Price updated its highs and higher lows; price squeeze before extension. The market will likely test the main resistance once more, in my opinion. In the long term I expect a breakout of the pattern, then an expansion in the direction of the main trend. My target is the resistance zone around the 1.10670.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻