The PA on this pointing down for now. So, it is ok to on the bear side for the time being and any bear trade will be called counter trend. It has the high potential to go lower, possibly to 1.322 regions.
From there, I expect the BULL to fight back hard, since overall the structure is still on the BULL side. Until then.
Trade Safe, s0nic
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because I'm not monitoring this chart all time.
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