Price has reached a strong weekly resistance and reversed after 5-wave-impulsive momentum. There is a downside potential on this pair. Will post another idea on hourly chart for the entry points very soon.
Comment:
I have posted another idea as an aggressive trade on this analysis which reached the target point. However, that was not the main trade for this analysis. We are still waiting for break out of the daily structure and the confirmation of that to enter a longer trade.
Will post another idea in case of it and update this analysis accordingly.
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Will post another idea in case of it and update this analysis accordingly.