Opportunity to go long at 0.84772 with confluence between 0.5 retracement of last swing and suppot zone. If price breaks that zone, there would be an opportunity for going short as price bounce from that support, now resistance level and continue the trend to the downside. So, whatever happens on Monday, it's important to have a trade plan.
Your targets haven't been hit yet, but your support zone proved to be working very well.
Daniel.Dalo
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ALTERNATIVE: if this trade doesn't go well, there is a Bat pattern forming, so that would give us an opportunity to go long from there.
Daniel.Dalo
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UPDATE: price reaches the support zone and seem to have a small reaction, so let's see if this trade will go through.
ForceFollower
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Given the extent of the flush to the upside, I'd expect at least a little bit more traction to the downside. But I think your reversal level is very close to that 'minimum reach'.
Daniel.Dalo
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Thank you for the comment ForceFollower, maybe with a proper stop placement this trade could work. Another possibility may be a double top if the trade goes well. Let's see what happens tomorrow!