The wave has been riding along the 4 hour trend line and before that it dipped down to our supply area. We believe that a retracement is going to occur around the 786 area and will go right back up and hit our TP. The goal is 155 pips, we are looking to run 0.50 lot size and take partials at 60 pips and close half the trade at 0.25 - move our SL to BE.
Trend Analysis

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