Starting with the diagonal line CD to be the target for the price and it will reverse back to at least 140.226....how will I trade the information:
1. The current price is against diagonal line AB, as soon as the price open above the line on the hour chart I will open a buy order to take profit manually against the diagonal line CD or when price 140.845 is reached. When the price touches Line CD it will start moving downwards to complete the by touching the bottom diagonal line in the case of my drawings.
2. When the new candle is open after touching the line and the price is below the line CD then target 140.226 as 1st target on the short and 139.841 as the second target.
3. When price move above CD target 141.134 and 141.616