Price action is currently wedging in a sideways wave 4 heading towards 0.236 fib levels of the last completed 5 count elliot wave. In the past this pair like to make alost full pullbacks so I could see it heading down to said levels breaking this wedge to the downside wave 5 short. I will not be taking the trade until i see a direction out of this current structure but bias is short until major cycle is complete. indicators are choppy and showing signs of sideways movement , looking for overbought or oversold signals at wedge tr support/resistance to play the breakout.
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