Also, Impulse Wave (1,2,3,4,5) down is going on now. Right now, PA is still at a major and has completed impulse Wave of 3 to 4, next week the drop or last wave down will be going on to 5. PA is under indicator and 50 (black line). If you want to wait and be conservative trader, it will not be long for bears to control this pair. Last 30 minute was a (or undecided candle), which stopped at a top major . I will be trading lower time frames to bear side. In my opinion, PA will be going all the way down to 1.11500 noted on chart. This will be a 800 PA drop fairly quickly. below 50.
Wishing everyone best in trading, price action is number one along with money management. Be successful.