1st: until 1.16500 it can do whatever it wants...the main trend will be intact.
2nd: FF ratio
Long Lot 18% - average: 1.1602 -> until 1.16000 long sucks mainly
Short Lot 82% - average: 1.1316 -> so it's time to hunt these down maybe
In other words: this triangle is rather accumulated shorts...and we know how FX works.
f(z)=z2+c