Expecting this pair to provide a fakeout of this pattern then react to overhead structures before making a move down. I believe the likely destination is the 1.2100 level below but my personal targets are at 1.2135 just to be safe. This pair has a trade score of 4.7 as per my last post (See related ideas below)
Will hopefully update this idea if/when my criteria are met at the levels above. If they are not, I will still look to take advantage of a downtrend, should it occur, all the way down to the levels outlined.
Happy trading.
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Zone reached, awaiting confirmations to enter short
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