Same thing here too with what we said with EURUSD...we waiting
Multiple Time frames shows it is coming down. Good risk/reward ratio.
So far we are encapsulated in the pin green bar. Depending on what this current bar does, if it closes green and moves towards the top of the long pin green bar, then its a good sign. I'd buy it once it moves past that.
This could be good. Pay attention in the next 4 hours or so. It could either reverse or break through. I feel like its going to continue and carry more momentum first before it reverses.
We got some room until we hit close to some daily resistance. Look for the pull backs and enter on those to score.
Daily Resistant line. This is setting up nicely for London session to devour!