The price in the higher TF shows uptrend bias. After the bullish rally of the price on Friday, the candle is now forming a rally base pattern. The price might continue to rally to form RBR pattern or the price might correct to form a RBD pattern. Either way, I'll place my pending order entry @ 1.29200 in RBR demand zone. Trade the breaout when the price breaks the trendline and the price moves below the moving average in D1.
Chart PatternsTrend Analysis

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