Taking a look on how this pair trades led me to find similar patterns in the past that we may be going through in the charts today.
Market moves labeled from W - Z showing approximately where we stand.
Based off what we see this would be a signal to mainly look for long positions over shorts in the long run.
As we creep into 2024 this gives us a quick bull run into 2025 anticipating future downdraw. This would put us in a sideways market like shown around the '06 - '09 years.
With this data you can match your research to add confluence in your investment strategy, trade ideas, and much more.
From mod @zAngus