ENTRY: I will enter the trade if the two patterns complete themselves AND, if we have a significant rejection of the resistance at 1.24. A significant rejection would be a reversal pattern on the 4HOUR timeframe.
TARGET: TARGET 1 will be placed at the of the combined with the next at approx. 1.23000. TARGET 2 will be placed at the of the combined with the next at approx. 1.22650.
STOPS: STOPS will be placed above the last high formed by the reversal pattern made on the 4H timeframe.