Price bounced back off resistance line of parallel channel on 4H Chart. And broke below rising wedge formed on 1H chart. Could drop from now on.

Time Frame 4H Chart
Entry at 0.8590
Take Profit 1: 0.8550
Take Profit 2: 0.8500
Stop Loss above resistance of parallel channel
Beyond Technical AnalysisParallel ChannelTrend Analysis

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