If the bearish pennant that is forming breaks down, Short all day, but if it breaks out upwards, wait for a retest as a confirmation before going long. TP is about 200 pips either way. Good luck!
Note
Sorry for my error, Ascending triangle, not a pennant. Thank you for viewing my ideaNote
Trade closed for +230 pips
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.