This could be the probable high of the weak.. will look for short .
This could be the probable high of the weak.. will look for short .
in last analysis was expecting this move to the upside now will look for possible short opportunity
the trading bias in this pair for me is to the upside. In a week typical market maker move will be like this : the will make the false move in the week begining one or two days to set the low of the week or high of the week. when they will able to get enough volume trapped going this direction they will reverse the market for the rest of the week
In this week this pair will fall most probably. first let the market push upside to lock the high of the week then we will enter short if possible short set up is found.
if the market continue to pushing to the upside after retracement we will look for possible long set up
will look for long in this are a if price action confirmed
if price start to reverse from this level there could be a potential buy trade. but let the price to make higher high first then you will get the sureshot opportunity to go long .. cheers