Analysis:
We were looking at this pair not that long ago for long setups, however we didn't get this in the end and price actually broke below our level that we were interested in. Looking at current price action we've now got a bearish outlook on this pair for multiple reasons. As we saw price break our level we are not longer in an upwards trend, meaning that...
HTF - Market to continue its momentum to the downside, however, it seems that a change of hands happened in the markets when the continuation correction pattern was broke aggressively to the upside, which now changes the bias of the bears.
LTF - Price broke strongly to the upside and currently is forming an expanding channel, which for me is indicating further...
