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Lest's trade such Flag during downside trip of this pair
Let's go with this Short Setup
It depends on monetary politics for the both
02 Sell setup levels
from the current price
& sell limit from 0.81750
I prefer Long position towards 112.000 as TP then Sell again
Keep an eye on possible quick pullback from the first level (support)
this is an idea If you prefere shorting! from supply zone.
Retest of 1.94 Level or BO downside, let's see and get the good setup.
Waiting for the pullback
Big move Upside expected - Swing
Inversed V in EUR USD
Let's see what level the price will reach
Maybe the price will change the channel (BO) but keeping the same expected direction.
Possible formation of the second downtrend channel.
Keep an eye on the highlighted buy zone
Is this will happen?
Taking into account the US market & index.
Let's see if the trend will be respected!
Long position after consolidation during one week ore more.
the highlighted SL defined as per the next resistance.