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break out has already occurred and a retracement to the breakout line has already happened no better time to long
though trading in a choppy manner the 96 pip neckline is hard to ignore this is an excellent buying opportunity IF it rises past the neckline (the tip of the red arrow)
This descending triangle pattern has not attempted a break out and a low ATR would encourage caution, a big 700 plus move would take possibly 6 months to a year so i suggest using fibonnaci retracement to take profits step by step and not risk being in when retracements on the downward trend occur.
