Enter at bottom trendline or the break of the one above and retest Since my old order never open I'd look to enter a buy from 1.24340 SL 1.23678 Total 7$ SL Tp 1 1.25550 1.26800 1.27480 1.28000 1.29220 1.30380 1.32880 Last tp pushing it 1.33000
Move is in consolidation /pause, for me it shorts another touch to go up as we see a rising triangle (top trendline converges while the other rises. Just by looking at it you can see an upward move even thou yearly it's still a sell. Again on MN there's an ending diagonal right under a pattern that appears to be a head an shoulder formation so if the new low keeps from 1.10 view it can up again in despiration to keep price up. Can this be the trap where they say it shall never fall below than it does or is new years coming to this pair🎆but thats to early to know
Comment
⋅
If the 1.26000/1.26500 keeps it shall bring price down to the 1.24 I mentioned, if that holds then breaks again the target of 1.23700/1.23500 shall be visited yet keep in mind the pattern is more of a triangle than symmetrical