The structure is travel in a channel and is approaching the lowest support level.
Waiting to enter the trade when it breaks the channel or approaching the support level.
A wedge is formed and the reversal trend is clearly be seen. The structure will test the wedge for fourth time.
First target is 0.382 retracement while second target is 0.618 retracement.
Higher high is forming and its going to form a gartley pattern. However, there is a strong resistant at 0.76726.
At lower timeframe (60 min), the lower lows are formed and therefore, bearish trend formed.
The PRZ, will occurred at retracement of 0.618.
Entry Price: 1.30800
Stop Loss: 1.30342