Here on UJ is a very good buy opportunity to long this pair because the price is currently in a falling wedge
( In my opinion ), with a bullish divergence
on the 3 and 4 hour RSI
.That indicates me that this is more likely a falling wedge
that has the target of a breakout to the start of the wedge
and i do not think that the price is in a descending channel
, also where we bottom 2 days ago we bounced from the global 0.5 fibonacci level.