The price has been forming a falling channel for the past few months and it is currently at the top trendline of the channel. I am anticipating that the price might break out of the channel and continue with the bullish momentum.
I will wait for the price to break out of the channel and retest the zone so that I can enter my signal.
Entry point at 0.884, S.l at 0.879 and target at 0.9
My target R:R for this trade is 1:3.