The FXS structure is now clearer and we have more data on the chart.
It seems that we are in wave D of a big pattern. This is a bullish wave.
To be more precise, we are now at the end of wave b of D.
We should soon enter wave c of D, which is a good bullish wave.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You