Based on the current structure and the story I see on the weekly and monthly might have this pair at a reversal point. Note we have 2 options with this set up with what is happening in the current triangle. We have bearish and bullish scenarios. At the moment I will lean with longs with upside targets and details in the chart. Or they can go on a liquidity run for stops to the downside. Always adjust to price on a daily basis. Just my bias, feel free to leave your opinions in the comments section.
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Trade closed: target reached:
Wave counts took turn for the best 👌