Indicators vs Price action
Understanding price action is key in this market, knowing were price is and what are the possible scenarios that may play out is something that comes with time. I understand why people are shorting this pair, but in reality there's no pattern for a short yet.
If you go to the HTF (hire time frame) you will see a very clear reversal...
1. Price break consolidation and move with bullish momentum to 0.65000 area.
2. Price break trend line with bearish momentum hitting the price area of 0.62900. Then i'll be looking for bullish momentum to 0.65000.
If neither of this tow scenarios plays out ill wait for further price action.