Price move sideway range from recent bearish trend. Past few candlestick bar on daily chart shows the pair taking a short breath after strong bearish movement. We might see a positive opportunity short bull for this pair towards daily 4hrs/daily resistance line. Hence looking for a affirmative signal to buy this pair.
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Going long at 1.16409 SL: 1.16126 TP: 1.17225
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Looks like price are ranging side-ways towards the funnel. A potential breakout upside with a strong candlestick evidence on daily chart.