On the 30 min chart a descending triangle if forming with this pair.
Look for the short opportunity.
1. Enter on break of base of triangle = around 1.1805
2. Stop - above D point = 1.1875
3. Target - equal movement of the initial bearish candle in the triangle = 1.1615
RR = 2.5
Look for the short opportunity.
1. Enter on break of base of triangle = around 1.1805
2. Stop - above D point = 1.1875
3. Target - equal movement of the initial bearish candle in the triangle = 1.1615
RR = 2.5