This is how I see this pair at the moment.
My view can change later on, if we start seeing conflicting moves. At the moment, I believe that this could play out.
This is a very long-term view, but still could work out.
I will not recommend any entry points, but if we clearly start seeing this pattern forming, then this could potentially be a very nice trade to the downside. But not now. Let it walk.
As always, keep an eye on the price action.
My view can change later on, if we start seeing conflicting moves. At the moment, I believe that this could play out.
This is a very long-term view, but still could work out.
I will not recommend any entry points, but if we clearly start seeing this pattern forming, then this could potentially be a very nice trade to the downside. But not now. Let it walk.
As always, keep an eye on the price action.
