I am expecting Bullish price action this week for this pair.
There could very possibly be a retracement deeper, but I plan to re-enter at that time. Be aware that it might not take off right away and that a deeper retracement would be appropriate without it changing our long bias.
We are starting to see the market shift bullish on the smaller time frames, I will continue to monitor price action to see if things change.
This is NOT financial advice. All the trades you see me take and analyze are theories and just ideas. Trade at your own risk.
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