Hi please see the attached chart for previous ideas. Now we have two possible scenarios for this pair We can see that we have an uppertrendline where we short from and the ABC is complete as well Scenario number one is that the price might make the first impulse after break down and we will look for a trend continuation pattern before we decide to sell again Scenario number two is that price might break to the top and we will look for selling from the trendline if we get some sort of a reversal pattern For now we are out of this pair and would like to see how the price acts in the next few days before deciding what to do next.
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