I am basically in a short position , because this pair currently it`s on the highest point\price. So I think that this pair is going to short heavily.
Scenario 1: So basically I am looking for consolidation on 125.000 then continue to the downside.
OR
Bouncing back to 125. 673 then get a official downside move.
Scenario2: If the market doesn`t respect the prediction for downsides then I would expect a higher low at 125.673 then that`s when I can scale i n for long positions.
Scenario 1: So basically I am looking for consolidation on 125.000 then continue to the downside.
OR
Bouncing back to 125. 673 then get a official downside move.
Scenario2: If the market doesn`t respect the prediction for downsides then I would expect a higher low at 125.673 then that`s when I can scale i n for long positions.