After that, we noticed a declining channel and we advised traders to take this opportunity and go long if the price breaks the channel up, and we succeeded this time too.
now in 15 mins frame, we noticed a pattern had formed this pattern say GO LONG.
Now you have 2 choices: 1st go long ( against the main trend ) and put your entry few pips after breaking the up and take profit @1.2092 -the red line which was our long term stop loss-.
2nd choice is to wait and watch what the price will do with the ( perhaps doesn't break it up and get back to falling down )
Then go short, your entry @1.2062 take profit @1.2029 stop loss 1.2071