Price makes a double bottom after ECB announce Interesst Rate creating an arcing formation at the third touch of descendling trendline
Now we can see that the minor support and resistance breaks up by pulling back.
We can open a long position now
If price breaks down again then we need to wait for corrections to anticipate next impulse wave
Clear charting with double top also daily 210 MA holds price lower, we can anticipate selling and holding it till the third touch of descending trendline (lower one)
We can assume that price may still go higher after breaking D MA. Use only 1% of capital
Price is making very clear price action
We can see that the price is moving in the descending channel making its last touch. Inside of the channel, there is another descending channel ending exactly on the third touch. Rejection candle can give us buying opportunity aiming for first trendline of the descending channel, next target zone is main descending channel