Hi fellows, we are still bearish
for longer term. We are having sideways market. The way last wave is rising does not look like so aggressive which mean we may see strong bearish
evidence at any time on current price. For that watch price action on this pair during ECB press conference. During that it can push up slightly but i believe it will remain bearish
for longer term. In case we see strong bearish
evidence during ECB press conference then will look for strong impulse for short. If you are looking to short every time when price hit the top then thats not a good technique. You should watch price behavior every time when price hit the top and then you should look for sell. We are still having short term bullish trend
on lower time frame so be careful. It looks like that price is forming Trend reversal pattern on lower time frame which has not completed yet but soon will complete and once completed we mat see strong rejection. If i will see the strong bearish
evidence on lower time frame i will update the chart.