After a pretty long bullish run we see a big bearish movement to the 0.74300 zone.
In the daily chart we can also identify a head and shoulders pattern that in my opinion can take the price over the 0.75800 and the 0.76400 zones.
The idea for this trade is to open the position when the price thouches the 0.74300 supply zone with the SL below the zone (so 0.75140) and the TP to 0.75750 for a good 4.4 R:R. If you want to have a longer position you can also put a second TP to 0.76400.
In the daily chart we can also identify a head and shoulders pattern that in my opinion can take the price over the 0.75800 and the 0.76400 zones.
The idea for this trade is to open the position when the price thouches the 0.74300 supply zone with the SL below the zone (so 0.75140) and the TP to 0.75750 for a good 4.4 R:R. If you want to have a longer position you can also put a second TP to 0.76400.