I think it's worth to take a long here. My concern is that going long now is too obvious so I would expect a bearish spike to wipe out all long like mine. I target last consolidation zone, but in case of bullish rally we could keep this trade longer. However be sure to use SL here. GL HF
Note
As we are quite around RR1 for this trade, I will close 25%@1.267 and let SL@BE. Dollar is quite surprising recently so I prefer to avoid taking any risk. We book some profit now and get a free trade.
Trade closed manually
Didn't updated this idea in a while, but obviously, SLbe has been it.
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.