2- Potential pattern with a confirmation line in the 1.9500 regions.
3- Prices are being carried by SMA20 from the underside.
4- of 23.6% of CD leg was taken out, opening the door up towards 38.2% where the first technical objective of the structure resides.
5- and indicator reflect the strength of reversal.
6- Neckline is very close to 38.2% Fibonacci.
Buy at current trading levels aiming to beat confirmation line with stop loss at 1.9060. Soft target is at 1.9820 where we can close 50% of the quantity used for long positions, while the main technical target of this setup resides at 1.9960.