This pair has a nice over extended drive to the upside. The structure has already changed and I am in the trade. My RR is 1:8.6. Thus there is still some time to enter and at least get RR1:3 on it, especially if there are some harmonic patterns on the way down on the lower time frames. I believe that the short will extend past my TP.
This is just an analisys of the pair and should not be taken as trading advice
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