The pair looks to be ending the corrective move up and any break down is a possible impulse which will see the pair break new lows, only a break above will negate this view. Trade with a sound strategy for breakouts and keep in mind an upside impulse is not exactly out of question even though I don't think so.
Note
IMPORTANT: The setups posted here are not trade calls and are intended for informative purpose only and you should use your own strategy to determine an entry. I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit thepiphunter.com and subscribe.Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.