This pair stayed pretty consolidated last week but did see some small upside moves before falling at the end of the week.
We are close to a bearish kumo twist and I am looking for a chance to sell if we can get a break out of our previous price structure support/resistance I've drawn out.
If we can break that level I'll look to get short and target a previous flat kumo and important price structure level.
I also drew out a couple levels to take partial profits at along the way. If we fail to maintain bearish confirmations, this setup may become invalidated.
We are close to a bearish kumo twist and I am looking for a chance to sell if we can get a break out of our previous price structure support/resistance I've drawn out.
If we can break that level I'll look to get short and target a previous flat kumo and important price structure level.
I also drew out a couple levels to take partial profits at along the way. If we fail to maintain bearish confirmations, this setup may become invalidated.