I think this pair is consolidating in a non regular triangle pattern.
The price failed to hold above the 120 level three times.
Now has formed a pinbar from the round level 120, a nice trigger to enter.
Finally the triangle pattern will be broken to the downside and reach 115 as second target
Best regards
The price failed to hold above the 120 level three times.
Now has formed a pinbar from the round level 120, a nice trigger to enter.
Finally the triangle pattern will be broken to the downside and reach 115 as second target
Best regards