1. was formed on the same as in March
2. Price is on the upward
*If it fails to break the support and levels, I would look for a continuation of our uptrend trade.
*If it breaks the support and down, I will wait for a retest of the support (then resistance) zone.
Then I would look for sell set up (and taking the profits on our existing Long trade).
Trade with a tested strategy.
*SL @ 1.4145
*TP1 @ 1.3920 (0.382 retracement)
*TP2 @ 1.3820 (0.5 retracement)
*TP3 @ 1.3730 (0.618 retracement, and previous support and resistance zones)
Trade with care.
Looking to re-enter a short again due to price rejection at the shoulder line and RSI overbought on 4H.
Have a great week.