Hello traders,
This post is an update to the long call yesterday. The market seems to be responding well to the wedge pattern we discussed and is on a move upwards steadily.
Those who entered long yesterday around 1.2270 can move their stop loss to break even since a return to the downside will put our bullish perspective at risk. Those who have not entered long yet, it may be better to wait for a break out from the wedge on the top before entering long.
For further information, you can refer to the previous post attached below.
Happy trading and happy pipping!