PA has found a fairly well established trend line
as resistance. In addition PA is below the 200sma which increases odds of a short position. As soon as PA breaks the small trend line
to the downside I am going to open my short position.
I just got stopped out on this pair two days ago so I am proceeding with caution as I dont like to revenge trade.
Keep a cool head and dont risk more than 2%.
Lessons & managed accounts available.