Stuck Between a Rock and a Hard Place

Unsure as to where price will go. Looking for a breakout of the trend lines to confirm a buy or sell. Doesn't look like there would be much room to the upside, but who knows in these markets. A breakout to the downside should been a smooth ride until the 108 level where there is some support. Wait for confirmation. I'm expecting a breakout during the London session, or early in the New York session. Wouldn't be a bad idea to have some buy/ sell orders that would confirm a breakout. Trade at your own risk

Commentaire:

Looking at the TP1 for the downside after a trend break