Possible triangle - like we got on audusd not long back -- just an idea not a trade set up
any correction is possible - my first thought was a flat but is looking less likely now -- lets see how it plays out
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so the triangle idea worked well -- a measured move of the widest part of the triangle would take us close to 1.25
or just trail SL / take off some of the trade etc whatever strategy you follow
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Hit the measured move nicely and also the 1.236 fib (weekly) If looking to short wait for 3 wave move back If looking to buy wait for the bigger correction to complete Lets see what unfolds