I started building long positions in this pair and will wait the follwing week to see how it reacts. My favorite indicator for bottoms (stochastic) has already crossed the signal on the weekly interval and the daily is going now the same way. The last low hit right into the 1,27 fib extension of the swing, signaling a possible bottom. This could be the start of a new long upside trend that may last for weeks.
Trade active:
Some retrace at 0,5 fib, could be an opportunity to reload.
