After further analysis by myself and my team, we noticed that there was actually a flag pattern which was formed on higher timeframe. this flag pattern has been with a daily candle which closed bullish engulfing. Major resistance on 1.65239 has also been cleared. We would be waiting for a candle closure above 1.66010 alongside a retest for further confirmation to take the setup.
drop a comment, suggestion or counter idea on this setup lets have a conversation