I have a few EW counts on this pair and weather or not this is a leading or ending diagonal I'm expecting a pull back. A bearish 4hr candle signals a reversal so now looking to sell at a 50% re-tracement or break down in the low time frame correction..
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I can see my error in selling early before diagonal completed. Im still expecting pull back in form of a zig zag to 1.29 area then looking long and expecting extended wave 5... updated trade plan below.
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This may still move higher after small correction...
good analysis. i second this. but i would not open any buys right now. waiting for the sell at your (B) is better idea. patience. good luck to you and all readers. have a nice day.