Watch for breakout
Market gave us 2 times shorting opportunity during descending channel
But now, price came again to descending trenline
This time is 4th time touch, and actually it breaksout
1.31050 is nice resistance zone
A lot of people short here watching trendline + resistance
but looking at higher timeframe,
we will wait for price to breakout trendline to go long
Entry: After nice pullback = 1.31050-1.30940
Target: second touching level - 1.32770, 1.35150
Stop loss: below bullish movement - 1.30400
But now, price came again to descending trenline
This time is 4th time touch, and actually it breaksout
1.31050 is nice resistance zone
A lot of people short here watching trendline + resistance
but looking at higher timeframe,
we will wait for price to breakout trendline to go long
Entry: After nice pullback = 1.31050-1.30940
Target: second touching level - 1.32770, 1.35150
Stop loss: below bullish movement - 1.30400
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