We have a triangle pattern in development on daily timeframe possible as a wave B of bigger ABC structure.
Be aware we might still have a last down leg to retest bottom of structure or it can take of from current level or slightly lower.
Either way it will an excellent trade so do not miss one..
Good Luck !!
Note
Note
Nice bullish price action.
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Note
Please be aware above structure is possible as and at moment momentum indicates second scenario is most likely outcome. I have moved SL to 2.71 level and eventually will be looking for entry near 2.22 level
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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.