Price seem to have a lot of upside momentum. Wont trade against the trend unless it reaches the previous high.
Short Reason : 1) Downtrend 2) Price pullback to the previous zone
2 Plan for this pair 1) trade the pullback to 618 region 2) trade the break down then retest
As price slowing inching toward the previous resistance. I will be interested to short when it enter the previous support turn resistance zone.
Price manage to raise back to the uptrend channel. Long when the price retest the trend line
Potential Short Entry when price retest the yellow region.
Price is currently retesting the flip zone, if PA is good will enter long
Seem like there would be more upside before it start to turn. Shorting region is also 618 pullback plus structure retest
Possible Short when it retest previous structure.
Possible short when price retest previous structure
Monthly TF is hovering at 618 region . So move to lower TF to look for entry which will be 2168 pullback region mark in yellow.
There are a few confluences. 1) Uptrend Line broken 2) Potential pullback to 618 3) Retest trendLine 4) Retest Previous resistance.