I set a buy entry in this pair because the price failed to breakout the resistance line with my stoploss just below the line. Both the stochastic and MACD oscillators are indicating a start of bullish trend. The price might try to break the ascending line again, that's why I set my buy entry above the previous highest bar. If that is the case, I will position my buy entry at a lower price.
I am guessing that the price will try to reach the top descending line.
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