Following the sell on this pair which we already closed(see trade analysis below),
we're currently seeing a bullish engulfer on daily tf rejecting the lower trendline of the ascending wedge. On the current tf we have a descending wedge that has been broken through so we'll be looking for a pullback to correct the impulse and a rejection adter that to buy this pair. Also important to note is that we could see an inverse h&s form to further push us to the upside.
Trade active
Order cancelled
Wedge breakout below so expect downward continuation.
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