Took a long position today, maybe a bit early. Corrective move in the final C wave down that I have as an ending diagonal
. Target for the ending diagonal
is 1.30, that lines up with the 61.8% retrace of the move up. So risking a bit under that (1.295) for a stab to AT LEAST the point where the diagonal began (1.40). 1 to 3 risk reward ration.
Further upside on this pair if confirmed.