We are looking for completion of correction upwards first and then further down side in this pair. Remember after the up move if we wont get a clear sell setup we wont sell it, structure is in the middle and it has possibility of making one more up to break the top before sells so if we see the clear sell setup thats when we will enter otherwise we wont sell it.
Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.
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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...
Trade with care
We Trade Waves