We can see that this pair is currently in a bearish run and pushing down.
At the moment there is nothing for us to do we just need to be patient and allow the market to come to us. When price reaches the bottom line we know from previous price action that this should reject at this level and see a push up. When the time comes, we will check out the stochastic and see if it lines up with the rest of the analysis we currently have. If it doesn't we will still look to enter this trade as we do not use this as confirmation, we use it as an added point to our trading plan.
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