If i see this start to decline and a nice crossover on the stoch then I will short this pair. It is extremely overbought on the 4 hour and it is approaching horizontal resistance. Until then I will wait patiently for a short.
Order cancelled:
Exactly why we wait patiently for the right signs. I think these euro pairs are overbought and will come back down eventually. There are still very bullish this week. Glad I was patient before entering a trade on this.