As I talked about yesterday the only way to safely go long was confirmed above 1.30. We did got a pop there and a big rejection. I talked about the potential of a rising wedge
playing out with lower support around 1.09. We did get a breakdown to 1.04 but managed to break back up into our traingle here that I was talking about with a target of 1.82. Although we dipped below we bought back in. I did decide to make a buy order at 1.0934 Yes it’s risky but I have my stoploss at 1. 01
. On the 1 hr
we are breaking up from this potential trading channel here. Around 1.11 support.