As mentioned in the chart, we see that the uptrend is broken. Now we should see a downtrend developing.
Me personally, I think the price will go up a little, and then it will make a big move. It could be though, that we will witness a huge breakout to the bottom the next few hours, thats why I advice you, to have an eye on this one right here!
Speaking in longterm (about 3-6Month), I believe the price will go down.
Lets see what will happen, I really like this one =)
Safe trades and good profits!
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A new lower high was formed, and for me that is a clear signal.
I am going in, short.
SL at 2.44 TP at 2.21 for now
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A new high is forming, but it will only be important, if there is a candle that closes over the 2.45 Mark. If it cant close higher than that, it will be a lower high again, and might be a good chance to accumulate your short position.