My theory is that after Fridays NFP there will be some profit taking which will bring the pair down. If it hits the first support line and we get a bullish confirmation I will go long. If it breaks through, I will wait for it to hit the second Support with bullish confirmation and go long. Scenario three is that it continues to rise and in that case I will buy above 125.878. Hence all the "random arrows".
To be clear, I am a rookie trader and simply working on some ideas. Whats are your thoughts on the pair?