This setup is clear about the future path in this pair, but remember corrective patterns sometimes may combine up to three patterns in a row. In this pattern there is greater chance of have a turn at the current point due to the presence of supply zone. In a more detailed view in lower time frames, it shows a slight rise then opportunity to sell.
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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.