when looking at this pair we realise that the market is ranging and our job as traders is to buy low prices in the buy zone and sell high prices in the sell zone ... when looking to the weekly timeframe we can see that the market is in an ascending channel and our job is to find low prices on the daily and enter using counter trendline breaks on the 60min timeframe ...note it is better to enter on tuesday because monday is usually counterflow day which means on monday prices might just slightly fall which would be great and give a low price for entry ...risk man is always important
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