- Bullish Trigger: A clean 1-hour candle close above the upper descending trendline (1.1400–1.1405).
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Upside Targets: Initial profit targets sit at 1.1420 and 1.1440, with extended gains targeting the 1.1480 swing high.
- Bearish Trigger: A rejection at the trendline followed by a breakdown below horizontal support at 1.1360.
- Downside Targets: Lower channel support near 1.1340, with a secondary target extending down toward 1.1300–1.1320.