GA directional bias show that we a in short rally, after shift and outside formation structure. Current movement gives a picture that price shifted and needs to go inside to find liquidity area to continue with short rally.
Comment:
Our setup is going well in what we expected, after closing above 1.92238 we expected price to go back to liquidities around 1.91368--1.90897 and possibly 1.904xxx. We advised to be aware of the action of price toward those areas and the reaction is what will provide best entries. The price will either provide bullish chance or less expected continue with bearish move, it will depend on action and reaction and ongoing fundamental cases. Take a NOTE it is not must for price to go back to our areas, so use stoploss and stay updated.
Comment:
Price reaches our crucial area where will be looking for longs but be aware of the action and reaction of price. If price close below 1.90450 the we expect retest and continuing bearish.
Comment:
The setup is now invalid, we have to review and look for other chances