If you look at Point X, you will realize this pair is well support at the 1.08 area. The BCD leg is forming quite fast, so I will wait for at least 2 days to enter this trade.
Note
I am still watching this pair. Likely to happen this week
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.