I think this should go up into the region above 1.64. Looking at the two shapes in the rectangles shows the second is inverted and aimed higher, about 400 pips higher.
Note
Update to show XABC pattern in play. D would get us up into the shorting zone above 1.64.
Note
starting to move. up above the quagmire now. 1.16192 next hurdle then the 1.64s.
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