In my previous analysis of this chart, I favored a correction because of a Shark formation. Now I think the correction is over and favor a breakout of the channel.
Good luck,
Ali Sharifazadeh, CFTe
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SharifAzadeh
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This analysis yielded over 300 pips. See my new analysis on this pair. I think we will have another 200 pips to go up before the trend changes.