Trading the Megaphone

Euro is trending up while the dollar is heading lower. We're at the bottom of the broadening formation, a break in LTF structure is a good trigger for a long to the top of the megaphone, not that I believe in LTF structure breaks per se - I'm already long.

Trade will take 2 - 4 days I expect. You can take profit at the top of structure (BSL), at the top of the broadening formation or at the daily swing high all the way up at 1.236 :)