I'm looking short on this pair. However, in a HTF currently its on a key level which is holding support. This could push back up but i will tell you why I'm looking for sell.
In HTF, the previous swing high was on a Premium area 1.99706 (logical price 2.0) and reversing from there. On a daily timeframe, the last push up was on a bearish -OB 1.91284. Which was the last weeks high. From there it has reached 1.88572 the last weeks low. This created a equal low for liquidity pool. Now, we understood that price is aiming for a down trend.
This brings me for a look of a retracement on a premium area in a hourly chart.
Price has spiked to a OTE (ICT) area, plus rejected by a breaker block, double confirmation. If price goes up i will hold until bearish -OB 1.90867.
TP will be the previous equal lows. 1.88500
please trade with your own risk.
Goodluck.
In HTF, the previous swing high was on a Premium area 1.99706 (logical price 2.0) and reversing from there. On a daily timeframe, the last push up was on a bearish -OB 1.91284. Which was the last weeks high. From there it has reached 1.88572 the last weeks low. This created a equal low for liquidity pool. Now, we understood that price is aiming for a down trend.
This brings me for a look of a retracement on a premium area in a hourly chart.
Price has spiked to a OTE (ICT) area, plus rejected by a breaker block, double confirmation. If price goes up i will hold until bearish -OB 1.90867.
TP will be the previous equal lows. 1.88500
please trade with your own risk.
Goodluck.