A break our of the flag will trigger a sell targeting the 0.7000 area
EURUSD at turning point, the downwards sequence looks incomplete, I'm more biased in setup 2 (A bounce up from here to complete the triangle wave E (around 1.5) and then all the way back to complete wave 5 at around 0.9 - 1. Setup 1, a break though current support will also complete wave 5. Price action at current level will give us direction.
Incomplete downwards sequence targeting 1.38 area, this area should see buyers
Cypher pattern to complete between 1244 and 1246 that will be equal legs (AB = CD) which will be the entry, SL 1238, target 1272
Triangle consolidation could be a wave 4 ending diagonal. Wait for triangle break