If i see this start to decline and a nice crossover on the stoch then I will short this pair. It is extremely overbought on the 4 hour and it is approaching horizontal resistance. Until then I will wait patiently for a short.
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Exactly why we wait patiently for the right signs. I think these euro pairs are overbought and will come back down eventually. There are still very bullish this week. Glad I was patient before entering a trade on this.