This is what the chart looked like at the beginning of April. Recognizing simple shapes like this can lead to a lot of profits if you are willing to deal with stop losses that are further out...so that you can allow for 'greed and fear' (clicking on the charts give you clearer views):
This is what the pair looks like today:
If you followed advice, you might want to consider cashing out half of your position. I will update where I think this is going soon, even though it looks like we could go higher. Every pair retraces...the markets still remain overbought...this pair usually moves with the markets...so you can decide.
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