Pretty much like EURUSD. We have a corrective structure converging and it is definitely going to brake uptrend.
There is still a possibility of a last move down but my trade is the buy.
If it brakes structure and makes a flag...good time to buy!
Carlos
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Perfect prediction inside the structure. We had a move down that could continue a bit lower and then start a fast reversal uptrend forming buy set ups. We are close to place order, but waiting for last confirmations
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It's making a big flag consolidation uptrend, so the whole diagonal changes! The corrective structure is more complex and I even think of a probable move down from that big flag. Need to watch EURUSD as well and see what it is doing.