Looking to get long this pair. We are trading at the 113 Extension for our Potential Action Zone (PAZ)
We have a Zigzag forming and will take the trade on the break. Our final target will be at the next significant point of liquidity which is around 1.37 scaling our partially to get to BE when we have a chance.
There is a chance we make one more low, hence waiting for the breakout. If we make 1 more low we will again wait for our reversal pattern to get long, same idea.