I do not have any doubts that this pattern will emerge, but I do know that I've seen it on the smaller TFs up until now. If you're in a buy, be patient. Price may drop closer to NY close, but will most likely consolidate for the next two sessions. You have to make the choice to get in on this pair because the bears will bring in the volume and chase those lows. Being aware during minor structure break assisted me a lot in these positions.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.