Going for the short!
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.
Order cancelled
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.
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