Quite easy, we said previously that breaking the green support was a bearish signal. After a breakout and take profits, now we see the price coming back to the support and forming a head and shoulders pattern.
Breaking up the blue resistance level would mean the start of a rally to, at least, 1,07 area.
Be ready :)
Previous short idea:
Trade active
A fake break out appeared and the price fell after it.
Trade closed: target reached
As expected, a fake break out means a large decline.
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