I am already short on this pair on a higher time frame but now we have an opportunity to go long on a lower time frame in the form of a bullish bat pattern. As you can see the RSI is already flirting with oversold conditions and we are still 30 pips away from our entry point so I will be keeping a close eye on this one to see what happens.
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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.