Head and shoulders formation on daily chart, price has broken neckline and now retesting, happens to also be an area of resistance.
I've got SL set at 1.30400 which is just below the resistance and 4hr 50ema.
Entry = 1.30700
First target looking at 1.32000 (130 pips)
Second target looking at 1.33800 (310 pips)
I've got SL set at 1.30400 which is just below the resistance and 4hr 50ema.
Entry = 1.30700
First target looking at 1.32000 (130 pips)
Second target looking at 1.33800 (310 pips)