This pair is still in a downtrend,so I'm am still looking for a short opportunity as long as the market does not break above the purple line.I've been stalking the buyers momentum and watched as each swing has faded and become weaker,followed by a strong move down fully engulfing the last buyers swing in two candles. I am expecting one last push from the buyers but overall my expectations are that the market is going to start dropping soon.
Ordre annulé:
Looks like the trend is not ready to continue however I am still looking at this as a short,I am on stand-by for now.