I have been studying Inefficiencies and order blocks while following this pair. Take a look at the setup
My prediction is that the price need to go down a little more to fill up the order block at around 1.4652 so the MArket Makers will mitigate out of their positions. After that it may continue with the uptrend (See the uptrend on higher timeframes).
We might see some Wyckoff formation that will be our signal for the entry
NOTE: This is not an advise to go ahead and buy this particular pair. Trade at your own risk
My prediction is that the price need to go down a little more to fill up the order block at around 1.4652 so the MArket Makers will mitigate out of their positions. After that it may continue with the uptrend (See the uptrend on higher timeframes).
We might see some Wyckoff formation that will be our signal for the entry
NOTE: This is not an advise to go ahead and buy this particular pair. Trade at your own risk