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This is the daily price action I can best spot. I want to see probably a third bottom within the triangle consolidation so I can have a better buy opportunity. Or if we can see the breakout already soon, not necessarily a deep selloff before a buy. Whatever happens, the best and low-risk buy opportunity is the best. As you can see all the very recent triangle patterns that have played out, we could see another one forming and about to play out well. I'm more skewed upside (buy) than downside (short).
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for educational purposes only and they are my personal views on this assets. If anything goes south, I am not liable. Also, know that forex is a high risk and reward business. So, do not trade with borrowed money or the one you can not afford to lose.
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The funny thing it can break out downside. So, do not loose your guard
@Jamal92, I agree with you on the sell more than the buy bias. I also didnt see that a downtrend created the triangle... and we can only expect more of the downtrend over time. Thanks for the eye-opener!