Price was trying to be back in upward channel. It got rejected three times. It is always recommended to be patient and wait for the right signal. The signal we are waiting here will be a breakout of lower support trend line and a jump down of price. What if it bounces, once again from the support line, then wait to confirm that it is back in long term upward trend.
There is an opportunity to short. But beware of reversal from long term support trend line.
I am bearish on this pair. But whats wave theory say? End of the wave or continue?