We have been bearish on this pair since last week, when we started sharing our analysis actively.
Yesterday, we caught the trade from the top and were able to watch it progress to where it stands currently.
You missed the trade entry yesterday. That's ok. Because right now, you have a chance at joining the trend.
With the market making a pullback into our PB and entering our zone, we have begun to see signs of a bearish reversal that should see prices melt towards our liquidity target below. We are setting up to catch another entry off this pair, and our setup is seen on the chart.
Our trade entry is a SELl STOP and we are looking to get taken in when the market reverses.
Looking to go the full length of what is left, our target remains the liquidity target below.