Considering a long in the direction of a possible new wave (D) , rising to trendline resistance.
Entry - at start of support zone at 107.35
Stop - below support zone 106.75 ( 60 pips)
Target 1 - 109.20 , top of near resistance ( 2/1 Gann Line)
Target 2 - 112 , top of consolidation trendline ( above 4/1 Gann Line)
Entry - at start of support zone at 107.35
Stop - below support zone 106.75 ( 60 pips)
Target 1 - 109.20 , top of near resistance ( 2/1 Gann Line)
Target 2 - 112 , top of consolidation trendline ( above 4/1 Gann Line)