A small Correction wave then rises up as described on the chart
SMC Concept, this pair will continue the downtrend once touches the supply area there is liquidity that must be grabbed and imbalance must be mitigated
Great opportunity to sell the pair after retest the descending chanal as shown in the chart.
The Pair Created Double Top Formation, waiting for 1 D Candle Close is the best decision to sell
The Pair maybe go up to create H&S Formation then Fall down.
Break this Resistance confirm H&S Pattern then start to fall.
After Break the support and retest, the pair will fall down to the below support
Bears in control, Break 4 Uptrend, weakness appears, the pair retest then falls down
This Pair Break strong support, now will retest to turn the support into resistant then continue downtrend
after retest and creating lower high, Sell Position may be opened