-Very decent long opportunity on the reversal on top of the ascending triangle. -There is a confluence as the resistance of the triangle is in line with my supple zone. -Another confluence is that the supply zone is in line with my 23.6 fib level which could indicate that price could potentially reversal from that zone. -An extra confluence is the EMA as it is below price which indicates medium term bullish trend for this pair. -I will wait until price reaches the significant level and look for strong bullish confirmation to enter the trade.
Trade closed: target reached
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This was an excellent trade with a risk to reward ratio of 1:5 and placed the trade on the 1 hour. Always keep a level head when price hits profit targets and don't get overconfident as it will lead to greed and effect your psychology.