As you can see, 1W ascending trendline was broken and now we are still in confirmation zone. We expect price to rise to the 1.3000 level and make that confirmation before jumping into huge leap of faith, down to the 1.2700 and later to 1.2500 support where will be our TP levels.
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Best of luck and profitable week to all!
If you like this idea, please LIKE it and leave a comment below.
As a reminder, please, for your protection, apply 1-2% risk management policy.
Check our other ideas as well.
Best of luck and profitable week to all!