Hello traders have a potential short setup on this pair.As we can see previously price broke the trendline to reach the first demand only to bounce back close to the 38.2 level . I am looking to short this pair on a retest of that level to a 1.618 extension which would finish at the demand below which also lies on the red trendline which is shown in the chart. Also we have a nice 61.8 fib level in that area.
Comment:
15 minute entry