i would go into deeper and analyze the 5 minute time frame. The set up will make more sense. going long. Lets see what happens in the next hour. Thank you guys for the support. I analyzed this pair by using the m and w strategy. Onvce i decided the trend was on a W pattern. I then located the support and resistance for the trade. Hope this makes sense but hey im just a guy charting! Not a financial advisor.
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