This pair is in a clear downtrend from Monthly, Weekly and Daily timeframe
On H4, it has been on a retracement whereby it returned to OB and started dropping.
Now we've seen BMS for H4,and lower timeframes to sell. Therefore we're going to re enter sells when price returns to H2/H3 OB, or wait for another BMS on H4, then enter at retest of BMS or RTO that will have led to break of structure.
On H4, it has been on a retracement whereby it returned to OB and started dropping.
Now we've seen BMS for H4,and lower timeframes to sell. Therefore we're going to re enter sells when price returns to H2/H3 OB, or wait for another BMS on H4, then enter at retest of BMS or RTO that will have led to break of structure.