I prefer to see everything through lenses of channels however historical patterns are also very important. So this idea based on both of them. I could see strong descending channel with huge falling potential for the pair. And it also good combines with historical move which has happened previously, so I have just mirrored it in a future. Looks interesting, isn't it?
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A time to think about some alternatives ways for a pair ...
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hm... Is it right time to short a pair again?
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The dangerous asset. A rigorous risk management is mandatory.