Another nice opportunity to trade. Wait for a breakout and reach for target as on chart.
If breaks to downside you can try to keep it for longer as there is high chance it will reach magneta line and breaks through to at least 0.71700 level. Keep in mid triangle patterns have high failure on lower timeframes however as structure shows good quality i think it is worth to trade it also might need to redraw as ufolds.
Good luck
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Possible redraw.
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Oh_If_Only
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Hi Pablo,
This is a similar chart to HG Cu ... consolidation pause after a run-up.
I like the long side to your upper target then look for a short. The aussie does not deserve to be there though!
Regards
This is a similar chart to HG Cu ... consolidation pause after a run-up.
I like the long side to your upper target then look for a short. The aussie does not deserve to be there though!
Regards