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I am still bearish on this. My previous analysis did not hit exactly as I had done my analysis by about $83, which was a great enough trade for me either way. As I indicated on the chart I am still bearish, the bearish trend is still yet to be confirmed inside the demarcated zone. Otherwise a break of $11163.67 will have me looking for bullish set ups, otherwise my ultimate target for this pair $7940.00 with my first TP target @ $8455.00.
Trade Cautiously. Goodluck. If there are any suggestions/comments, they would be appreciated. Happy trading.
Supply and DemandSupport and ResistanceTrend Analysis

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