Trend Direction: Down, Trend Validity: Valid, Volume: Low, Zone D/S: Demand Stage: Consolidation, Retracement. Levels: Horizontal Resistance, Channel Resistance, Trend Resistance, Fibo Level. Continuation Patterns: Bearish Rectangle. Reversal Patterns: Double Tops, Rising Wedge. The pair is more likely to be bouncing inside a rectangle pattern, and approaching interesting levels (horizontal resistance, down trend line, and 38 fib) Two areas for entry: bouncing form the resistance (red line on the chart), or breaking the rising wedges on the H4 chart (below) [img][/img] Good luck :)