as we can see there has been a strong reaction from the sellers on that level and we will join the sellers
As we can see the trend is continuing in the short direction, we wait for the break to enter the market.
On this currency pair we have a good divergence, as the bearish momentum is almost over and we could consider bullish position.
on a 4H chart we have a double top with a nice bearish divergence, we expect a great short movement!!!
We waited for the level to break, to see the strenght of buyers and now we can follow the trend
we can still see the weakness of the euro so we will try to follow the trend in the short direction
This is a typical head and shoulder, where we can enter long !!!