Triangle + H&S = Long?
Comments are welcome -Agree or Disagree!
Pair reached Action Point
The corrective downtrend is still dominant. As Long as this trend is active, the next TP could be the last low @ 0.7276. Trading below that TP means aiming 0.7237. Trading below 0.7237 means aiming 0.71
If the Pair can break through the resistance at 0.7364 (Action Point), the shortterm downtrend would break. Next TPs on the upside are 0.7381 (blue 38,2 fibo) / 0.741 and 0.757
Pair reached Action Point
The corrective downtrend is still dominant. As Long as this trend is active, the next TP could be the last low @ 0.7276. Trading below that TP means aiming 0.7237. Trading below 0.7237 means aiming 0.71
If the Pair can break through the resistance at 0.7364 (Action Point), the shortterm downtrend would break. Next TPs on the upside are 0.7381 (blue 38,2 fibo) / 0.741 and 0.757
Note
flag attack? Trade active
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