If the breakout is indeed false, we will go short and take profit at 1.09693.
Also, at that point (1.09693) we will look for bullish reversals to go long and take profit around 1.12141 (as indicated on the chart).
Also, at that point (1.09693) we will look for bullish reversals to go long and take profit around 1.12141 (as indicated on the chart).
Trade closed: target reached:
We now look to buy the pair at the support