As we can see the trend is clear, but, as long as we have a but we should have patience before going long. Our price failed to make a higher high from the previous and for now is stuck around 1.43 area. There we have a pattern which is called AB=BC, and after this usually a fall in price should come, for retesting the trend line. Right now, an ascending triangle marked by me with lightblue, is forming; going long is an option just after the price breakes it. At last but not least, we have fractals marked in blue rectangles, and we can see that previous time price made a flag and from there got out of the rectangle and it went up. This is an interesting level, because RSI bounced back from the 70 area, and every time in the past it touched that line the price dropped. If the price drops under the 1.423 level we can go short to the trend line. Have patience
Comment:
Agressive fall after the touch of the resistance and AB=CD pattern.