This is my trading idea when price breaks trough the trend line, will be looking for short opportunities after we see this break and a retest. Don't enter any trades when trendline isn't broken, there is still a high probability that this pair will keep rising.
Price broke out of descending trend line, I expect price to make a little retracement (@ fib levels) to the downside next week to retest the broken zone. If price rejects this area we can look for long entry confirmations on the hourly chart.
Price just broke out of a descending trend line, we expect price to make a little retest of the broken level. We can enter a nice long trade with a good risk reward when we get confirmation after price retested the zone. Nice possibility to complete a full Ellioth Wave.