yep
all I'd add is none of the macd and rsi/sto are yet to show a bottom, and you could argue uptrand channel support round 90c also possible.
I'm more inclined to agree somewhere between 1.05 and 1.10 might be it (hence the buying at 1.10 and the lack of selling conviction round same) but all dependant upon whether there's any nasty surprises eg placement etc.
All up think if it holds here for a day or two we'll get sufficient divergence to justify adding more. Dont expect it to sit for any period of time.
DYOR
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