The overall trend of this pair is down. My bias would be to short this pair. Currently it is retracing and once price gives me these confluences, I will sell right down to the next Psychological level.
CONFLUENCES:
1) BREAK OF STRUCTURE
2)BREAK & RETEST OF THE TRENDLINE OR PYSCHOLOGICAL LEVEL
3) CANDLESTICK PATTERN
4) EMA CROSS
The green line shows the direction I believe price will move.
My Take Profit is 0.93000 because it is the next psychological level
CONFLUENCES:
1) BREAK OF STRUCTURE
2)BREAK & RETEST OF THE TRENDLINE OR PYSCHOLOGICAL LEVEL
3) CANDLESTICK PATTERN
4) EMA CROSS
The green line shows the direction I believe price will move.
My Take Profit is 0.93000 because it is the next psychological level
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