Price broke above the previous structural level. As long as price remains above 1.5200, we should see more upside potential. There is a divergence formed just before the week end. With the divergence, we are expecting price to come back towards the 1.5265 region before moving higher.
A break below the 1.5200 level might see price drops further towards 1.5080.
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A break below the 1.5200 level might see price drops further towards 1.5080.
Subscribe to the Trade Plan Preview at www.fxpipsology.com/trade-plan-preview/ to receive more patterns with defined entry points, stops and take profit levels.
