I am no longer in any trades on this pair as I have hit profit and I am strictly short bias on this pair so I will wait for price to enter the RED that I have highlighted to enter any short positions.
I am keeping a close eye on the ratios and using them as key reference points for levels. I like to use them for entry and exit points. I am expecting price to pullback to Fib resistance levels because price is currently oversold on the and .
I am now expecting price to hit 1.5026 as indicated by the Fib ext ratio of 138.2%. I will have short limit orders at the supply area but I will enter short positions if I see price action at the top of the .
Lets do this!