There was a consolidation but then by the arrow there was a breakout.
we got two bullish candles after the break to the up side , which broke the Moving average and the
1.39000 Zone.
So this is where you need to wait for a retracement and enter then you place your stop loss
below the Zone.
and place take profit at you next Zone
Because it was consolidating at that zone we should know that after a breakout with strong fundamentals it will keep going in that direction.
Chart PatternsTrend Analysis

Also on:

Disclaimer