If that isn't enough patterns to sway you to SHORT this pair, throw in a POTENTIAL that ends arond the same level as one of the cyphers and you start to get the makings of a nice zone to again go LONG if/when prices get there. Oh, and there is a minor SR structure zone around that area as well.
Good pips to be made if you want to follow the CD legs down. But keep the bigger picture in mind when going SHORT on this pair, I'm still until further notice.
MY TRADING PLAN
I am already in SHORT for a retrace back down. I will look to get LONG again upon the completion of the lower (pink) and . I'll exit my SHORTS before then when prices reach the BAMM line of the BAT on the DAILY TF as that is also a MAJOR SR Structure. There's a 140+ pips to be made just with that move. I don't need to take the risk that the patterns won't get filled and that prices will hit structure and reverse back up to continue it's up trend. Remember, this pair is in a STRONG uptrend still so any down move is another chance to get LONG.
Year-to-date Profits: +5,794 pips.
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