Hi fellows, We are looking for big wave to the downside on this pair. It looks like price is trying to form the top now and building nice price action on lower time frame. We have already seen impulse and TCP and price is forming an other TCP on 4hr time frame. Wait and watch for TCP before any sell. In case price do not form TCP on 4hr and test the top again then look for sell from top. Watch for stronger breakout of bullish trend. Good Luck fellows.
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Watch for the breakout of the trend line
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Watch TCP before any sell
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Watch another TCP for further sell.
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It is forming flag it needs some more time for completion so wait and watch for completion and then look for sell here is the update fellows.
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We may change in pattern formation.
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Those fellows who are holding short term long stay in and watch price action at the top before any sell. What it can do it can break up if it breaks up sharply then we may see change in pattern formation. Currently it is rising sharply and also we are having some risk even ahead because of the german election.
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Watch price action at the top of the channel.
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Here we got the update fellows so far it is following the plan.
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Watch continuation
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Watch for this flat to breakdown and continuation.