I believe this pair is in a pullback in daily timeframe and im bullish, however i dont think real buyers show up until we get to the daily zone
Thats why we have been seeing 4 legs down and 3 legs up all the time since the end of December 2023, therefore I believe we will continue this pattern of 4 legs down and 3 legs up until we get to the daily zone.
So if you are looking to buy i suggest buying at zone 2 which is shown on the chart
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