Price has broken a level that was originally support. Price has pushed down and retraced back to this level which is a level of resistance. If price can give us a confirm signal, then I will be looking for sells with a take profit around the 107 area.
Price has broken a level on the daily which was support earlier this year in January. Since price has retraced back to this level, I will be looking for short entries if I have confirms. If I do get the confirms, I will have take profits at 134. level
First I like to say I am still new and still learning forex. I am practicing pattern trading and I just wanted some feedback on this cypher pattern. What improvements would you recommend? Anything helps thank you.