Looking for sells, when looking at a bigger structure, an ascending channel is formed. SO this means sellers will be taking over for long time. After a breakout there was another ascending channel which confirms that sellers have more pressure, our trade will be validated once price break our ascending channel.
We looking to short the pair, price was in an impulsive move to the downside and created a correction after an impulse. We will be waiting for a candlestick to close below the structure and we will be entering our positions.
