Consolidation opportunity
Price has been consolidating between my blue boxes since mid April, it has bounced off of the bottom blue box again and broken a horizontal support and has come down to retest it. If this support holds I would target the previous swing high as my first target and if it breaks that level my next target would be in the 1.81040 range
Note
price has not held at support and has closed below, a retest of the bottom blue box is likely.Order cancelled
Price has broken to the downside of the consolidation area, a retest of the bottom blue box is a potential short entry
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