Hello , Many top traders are suggesting longs on this pair i have complete opposite view for the past week for so. I am looking to sell the D leg down. Also we have a very good example of bump and run reversal pattern which i have highlighted on the chart. Wait for 4 hour to go overbought levels before selling. Daily wants to come down before going up so a move up as predicted by many traders is very unlikely.
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Almost time to sell. 4 hour close to being overbought. Stops outside the structure
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Most likely we will have a setup next week now. Have a good weekend.
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