This means all eyes are on the lower level of structure mentioned in yesterday's post around the 1.1160'd-1.1140's level.
It would have been great if the 1.168 & one-to-one measured move lined up with that level instead of lower. But stops need to be beyond the lower regardless so it doesn't effect the trading opportunity all to much.
Certainly a pair that we'll be keeping an eye on during today's trading session.
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Why its called a golden Cross is a good one :P i think its a term that Trader or investors. Its like if you see the market makes a "Golden cross" So Traders and investors going to move the market soon...so High volume "if you trade it that way ofc it takes more stuff to consider" "Gold" = buy "Death"= Sell :)