this pair has been very choppy this past week or so but after taking a closer looks t was in the accumulation phase, price will soon go into markup where elliot waves usually start, going long
this pair broke a trend line on the 4H timeframe and been on a decent downtrend, noticed it did another correction pullback and been stalling out at previous support where the green sell zone (fib) is and spotted some divergence as well so will be going short
from my view, this pair broke a wedge and is on steep down although its support at the 1.700 level and don't know if it will do a pullback and continue or do a double bottom and reverse, the green demand zone is prior area of confluence on the daily timeframe, so guess its a waiting game