I have two Buy orders from Friday still open at the moment which circulate around +/- zero. I spotted today my favorite formation Inside Bar on this Antipodean cross… There are two possible versions of breaking out from it shown on chart … because I have opened Longs I will watch carefully the behavior of prices at the lower band of IB .
Too dynamic breakout thru lower band of IB and puncture of the line of the ascending wedge (blue line) will close orders on SL.
Bullish breakout would be a good beginning of a larger movement, perhaps to 1.0540 but on the way I have TP 1.0450, where I expect a pullback and then will repeat Buy at a better price.
Dargo 30-01 2:30