The pair may either rally or drop from the consolidation point and make a good move from that zone but only after a retest. The consolidation channel has been valid in one week, one day , 4hr , 2 hr and 1 hr tfs a clear confirmation that the trend is building strongly
we apply WBT (WAIT BREAK TRIANGLE) and retest and either short or long it depending on the side the break out occured
we apply WBT (WAIT BREAK TRIANGLE) and retest and either short or long it depending on the side the break out occured