Pair is completing a false break of the up trend line from the highs on the H1 chart and has also completed a double wave up move. We can expect short term correction also in double wave and then probably continue higher. We can sell from current level versus the last high and the trend line.
Technical Overview:
H1 – false break of the up trend line, double wave up completed
Entry:
H1 – Market sell versus the last high
Target 1: 0.7740
Target 2: H4 20 MA
Stop Loss: above last high
Video Explanation
