Formed a descending triangle by creating lower highs. Will wait to see if we reject from here a retest the double bottom. Also a cross over on the 4h mad.
We wait now for confirmation.
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I will be watching this pair closely next week to see if we see a break out or not. We have a descending trendline in play on the daily time frame with huge amount of support at this current price action. my bias for this pair is short.
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