We are expecting this pair to move down next week after small correction, If we don't get a correction then it can go break the top once more and then shoot back down but in all the cases we will be looking for only sells when its ready.If you don't know how to trade this pair then stay away since its very volatile pair to trade.
Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.
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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...