The price is moving in a bearish channel
. Waves are shaping as shown in the graph. My view about this pair is bearish
. I think the pair would continue its downtrend after the retracement that is happening now. A good level to sell is fibonacci levels based of course on candlestick
patterns too. That would be the end of wave 4 and i expect wave 5 to be as long as wave 1 was.