Potential Short on this pair- Keeping it basic here and going with a breakout (clear breakout, nothing corrective) and a retracement to this previous support.
The confluences I'm looking for to take this trade are this to retrace to a fibonacci level, the fibonacci level to correspond with a level of previous structure and a bearish candle close on the 2HR or 4HR.
The confluences I'm looking for to take this trade are this to retrace to a fibonacci level, the fibonacci level to correspond with a level of previous structure and a bearish candle close on the 2HR or 4HR.