Overall market has been bearish on this pair. With a new W pattern formed at low we could see a change in direction if only these things happen. I'm Looking for a break of the previous LH and supply zone to be broken with retest to continue taking position longs. I am looking for a retracement and bounce of monthly support which lines up with Fib level 38.2. I also have additional confluences projections QT zones which represents 40 pips each zone. Now if structure or bias isn't broken I will switch sentiment to short.
Commentaire:
I possibly will be switching sentiment to short on this pair. I do see slight sellers exhaustion and right now price is at the 61.8 Fib level and my QT level. I'm watching closely. I would love to see it test the LH lets see.