The pair is forming a harmonic pattern on the 1 hour chart ,we're not sure about the pattern yet ,it could be Gartley ,crab or a bat but we'll deal with it as a gartley because point XA 78.6 is clustered with BC 161 ,and because it's the safest position.the pair is testing point B support now and the price action is respecting it ,a good entry point targeting 1.2950 stop loss 1.2750
Comment:
stop loss 1.28800
Comment:
take profit 1.29400
Trade closed: stop reached