- We have a 4hr candle close above the .
- Wait for a pullback and a retest of this zone.
- Wait for a rejection on the 1 hour or 30 min chart.
- Wait for price confirmation either an bar or .
- TP1 – 111.05
- TP2 – 111.64
- (This move to the upside then would create an inverted pattern.
Then expecting a pull back from 111.10 back to the 110.80 range to test the neckline.
Will enter another position long if price action rejects the neckline and shows a confirmation candle)
Here is an update how expect price to react now