A long at 1.0518 else a break through 1.05, a short at 1.049

Going long here is risky but the risk is to reward is attractive. That said, a breakout will activate my pending sell with a target that aims at a 1:3 risk:reward

Comment:

After further analysis, next support after the break would be at 1.046 and we'll take profit there if a break occurs

Comment:

Well, my pending was still there and have taken profit

Trade closed: target reached