Forecast Short then long

Looks like this pair has broken out of the weekly down trend.
If so then expect large moves upward,

At the moment it is correcting after the breakout - looks like a 5 wave correction.
The big move is long but there seems to be a nice short set up for Monday

This is for learning and discussion only and not investment advice

Comments and likes are welcome
Good luck
Steve

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If it consolidates here it could be a change to add to your position

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This could have one more down before going long