short this pair
Updated
Evidently, price is in a downtrend. "Never go against the trend" immediately comes to mind. While price is currently trending upwards on the lower time-frames, which i have highlighted by the demand zones, i will ultimately be shorting this pair once price enters Supply 2 and shows signs of a rejection. SL will be a few pips (5-10) above the red zone and TP will be at Demand 1.
Note
my confirmations weren't met on this analysis...i essentially missed this tradeNote
both TP targets reached nevertheless. If you entered this trade, i'll suggest taking some profit or closing entirely.
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