As we keep saying watch every new roof to sell, it seems like we not ready yet for us to go down. But do not move your eyes on this run because it can be fast when moving down.
We will keep our eyes on correction that is developing on lower time frame for us to sell and manage our trade to see if we getting aggressive move to break 1794 or we getting bounce...
last when we published we wanted big drop on this pair,as we took sell from the roof we will manage our trade well. Because now we see a possible up that can happen before we go down.
For us to have a correction on lower time frame we will still stick with sell and add to our position.But if the market does go aggressive upwards then breakeven on cards and look...
everytime when we get new roof we will look for sell setups. On how you can trade this if you considering to sell watch for impulse and correction to sell.
If you going to take this sell manage your trade because we might test 1.1420 to make double top and that can be our B wave for us to look for C wave after touching our roof 1.1420
As we were looking for a big corrective structure,now we starting to see that. What we have there is a running flag.
How you can look for sell with your limit on price 1.3589 to expose 1.3432 to complete the big pattern
as we see things now,look for one more up move before we shoot down. How you can trade this, breaout to buy on lower time frame and take profit fast because we will be looking to sell after getting one more up