Anticyclical Longposition possible?

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For my risk-Lovers: U could perhaps try an anticyclical short/mid-term Long Position at the illustrated supportlevel @ ~0,7235-0,714.

There are some signals which underline a temporary upmove:

-The RSI is diving through it s oversold-section
-The BBs are stressed out
- The supportzone is also based near the flags max. tp

Ideally such a countertrade / consolidation is reaching to themin consolidation Level fibo 38,2 @ ,7286. The SL for this trade should be installed near below the last significant Low at 0,714. Here you have a really nice Chance-risk-Ratio.

In a minor tf we see a bullish wedge, so it is not vlear if we really dip into the illustrated Support Level:

snapshot

I always prefer PROcyclical trades, for example for me the break through the supportlevel seems to be a nice shortchance in trend direction.

Happy Holidays

shortterm view:
Which side will be triggered?
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shortterm nearly reached tp snapshot
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we dipped to the anticyclical Long-entry area snapshot
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snapshot
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aha snapshot
Trade fermée: cible de profit atteinte
done :-) snapshot
Note
Will the next upwave break the downtrend?

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