In The context of "Keep It Simple" Theory the price got rejected from the major Resistance (Blue Line).
Take profit: Testing of the Trend Line ( Pink line)
Stop Loss: Above the resistance
In the context of "Keep It Simple" Theory the EUR/USD faced a strong Support level which coincide with the red trend line (longer term) which was violated to the upside recently and the price did corrected toward it before it starts to rally up .
In the Daily chart of GBP/USD there is a shorting oppurtunity as the major trendline of the pair is bearish , the last bullish correction came to an end facing a strong Resistance zone ( Ex Support which was violated to the downside).
In confluence with that the Upper Band of the bollinger and the EMA ...
Take profit: Projection on 1-4 Trend (in red)
Stop Loss: Below the Trend Line(once it is broked to down side our approach then is invalidate)
For conservative traders you may long the pair till the price cross 0.9890 (Ensuring the return of price inside the triangle).
This is my first Idea published here so it ...