Hi there this pair is forming is very nice Trend continuation pattern. Watch for the breakout. In case price do not breakdown and close above the previous high which is less likely then it will change the pattern formation then we will analyse the change in pattern formation. After breakout watch the previous bottom for continuation.
Trade with care and use only that much risk which you can afford to lose. Dont Trade with that money which you cant afford to lose. Every Single trade is not a winning trade so use risk according to that.
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We are still in continuation pattern formation. This formation is on bigger time frame. Watch top for sell again.