We have two options, the fist one is to go stright to the 108.00 level that I think is more probably, because the trendline has been broken, the lower low have divergences and we have a continuation pattern on price action on Daily candles.
On the other hand the price could fails to break the outer trendline and this would be a signal of confirmation to go short.
At the moment I am in long until the monday`s daily bar closes, in case that the bar break the TL I will keep going long, if the monday`s bar fails I will close my entry and look for a confirmation to the downside where we could see a last swing low to the 104.300
On the other hand the price could fails to break the outer trendline and this would be a signal of confirmation to go short.
At the moment I am in long until the monday`s daily bar closes, in case that the bar break the TL I will keep going long, if the monday`s bar fails I will close my entry and look for a confirmation to the downside where we could see a last swing low to the 104.300
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