As we can see , the market is on a down trend , the market has been pushing the price up for a while and now seems like he is getting tired. I think we might see a reversal even if its on a short term, tho i would wait a true rejection for my entry. I do consider the fact that a breakout can happen thats why i am using a tie sl and in case it happen i would wait a retest to go long on this pair.
Beyond Technical AnalysisFundamental AnalysisTrend Analysis

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