Looking to short this pair as it is trading within a corrective structure. Most of our weight/momentum is trading to the downside. so i will be looking to trade with all the momentum. Price has initiated a bearish corrective structure and could possibly breakout to the downside. Will be entering the corrective structure at the third touch of the top trend line. Our first target will be the bottom of the structure and then our 61.8 fib level. Will be monitoring this pair further and remain defensive as we ride all the way down
J Madrid
J Madrid