DislikedHere's what i'm looking to unfold on this pair... broadly in line with your idea m8, i.e. i'm looking for longs but i want to see this H4 QM pattern form before i do. At this TF, and in this area (Daily,weekly and monthly demand) this could be a superb reversal pattern forming.
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Good to know someone else is thinking on the same lines as I. I feel the same way reversal is likely but the way markets have been going in the last few weeks its really unnerving for me to stick to any long term positions. I'm just looking for short term gains on this one for the time being. Managing this closely now.
By the way what does QM stand for?
-H