The price formed triangle with horizontal bottom line at 1.1279, however the fact that it continues to post lower highs and the prise is still under EMA50, I believe there will be a violation of 1.1279, then trade setup on the pull back
Entry - 1.1279
SL - 1.1300
TP - 1.1192
R:R = 4.28:1
Comment:
Target was hit successfully