Friday formed a flag.
- If the price breaks 1.103 support line I will short down to 1.081 or further. By breaking 1.081 support line, the support trendline (green) will also break. That could send the price far bellow.
- If the price breaks 1.112 resistance line I will long up to 1.143.
- Keep hagopian lines (pink) in mind for both scenarios. In case the price bounces against the hagopian line, get out.
Don't rush in until the breakout is confirmed.
- If the price breaks 1.103 support line I will short down to 1.081 or further. By breaking 1.081 support line, the support trendline (green) will also break. That could send the price far bellow.
- If the price breaks 1.112 resistance line I will long up to 1.143.
- Keep hagopian lines (pink) in mind for both scenarios. In case the price bounces against the hagopian line, get out.
Don't rush in until the breakout is confirmed.