This pair is retracing into previous structure and may be oversold soon. There is a massive level to the left (follow the red ray) which the pair has broken out of and there are nice fib levels present within the area. 200 EMA also provides abit of security (hopefully).
Personally will be looking to enter on the bat pattern that has developed if price action gets to completion. Targets will be based on structure.
Personally will be looking to enter on the bat pattern that has developed if price action gets to completion. Targets will be based on structure.