So todays' daily candlestick showed rejection to any upward move,
everyone following me knows I won't enter a trade before ichimoku signals it.
basically ichimoku is my lover and elliot is my side-chick ,
here I see a crossover and more down movement is expected base on the current situation.
Happy trading to u all
The pair is bearish in general, and as long as it stays below the base line, we can have sell opportunities.
the price has rejected tenken-sen once.
we should wait for another rejection then enter short.
The pair had an impulse break and currently is oversold,
a pullback around 32.8 or 50 fib is likely to occur which gives us the opportunity to enter the market and sell short.
If not, I wouldn't enter before a breather happens.