We have reached MONTHLY STRUCTURE zone of 1245.00. We have an ascending triangle formed with three connecting points on the incline and two connecting points on the horizontal. DAILY TF shows a break of the trend line but price did not breach MONTHLY STRUCTURE. I'm looking for a retest of the trend on DAILY TF and rise to the WEEKLY STRUCTURE zone of 1295 (500 pips). If price breaks below the ascending triangle and continues down, WEEKLY STRUCTURE 1195 is next support zone.
