I think price is going to run these equal highs to pick up liquidity before continuing bearish. Long term I am bearish on this pair. Ignoring all buys and waiting for my sell setup. Monitoring price on the daily tf with 4 hr entry.
Note
If price does not close and hold above current 4 hour level I will void and reanalyze chart. Daily tf viewNote
1 hr view Note
ideal play Trade active
Opened sell position based on price coming back below level with good momentum Note
i also overlooked this first liquidity area which resulted in overshooting the target entry
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.