I predicted an upward move of this pair on 21st April before I concluded on a region ( read it here) where I would consider selling.
This level has been reached bearly two weeks after and I have discovered a sell signal to ride this pair to 1.7490 at the minimum.
I will be trading the end of wave 4 ( head and shoulder neckline retest) and the beginning of wave 5 which I expect to break the rising trendline.
If the rising trendline holds this pair, the bullish move could continue.
As we anticipate and perhaps trade the prospective bearish movement, we should keep an eye on the rising trendline and observe how price react to it.
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