A few short trade opportunities targeting 1.21726 ultimately. Price broke out of the pennant last Friday and the measured objective targets the lows of the bullish rally.
You can of course target 1.21726 immediately but scaling out profits as indicated with the AB=CD pattern is commendable.
Trade 1 Entry: Close below 1.23065 S/L: 1.23457 T/P: 1.22281
Trade 2 Entry: Close below 1.22767 S/L: 1.23159 T/P: 1.21982