At the time of the original posting I saw many traders in the chat room jumping in going short on this pair. It is a short trade but not just yet and they just went in prematurely. I showed a few my chart and they went..no way.. cant you see the divergence,, cant you see this or that. No I didnt. But I did post what I saw and now look where we are at.
We are now getting close to see and get the confirmation we are waiting for and the trade idea and the whole setup is just there waiting to be grabbed. The whole point is to let the trade come to you - dont chase it. You loose your acc that way.
Dont ask me how I know - I just do and I like to keep my edge )
but trust me - as with any other trade I post - they all reach target.
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Below is my post of an analysis of my finding since 2013 versus the current Maket location on this pair.
I'm still long into another trade and looking to hit 84.50ish.
Happy Trade !