The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A start fractal has formed below the 135 EMA, and above is a signal fractal. Breaking through the start fractal will result in the formation of a downtrend pattern of 1-2-3 within the downtrend.
Trading idea:
Sell at the breakout of 0.8610.
Stop Loss: 0.8643.
Target levels: 0.8582; 0.8561.