Hey guys, so i called a long a few weeks back on this pair. Obviously price moved where we wanted it to go, and then some. I'm liking this short position here because, overall the market is still bearish
on a higher timeframe in my eyes. Price has been moving in consolidation for the last 2 or so months. I see this pair ultimately continuing it's bearish
direction and breaking consolidation to go lower. I'm waiting for market open to see where price is, then i'll enter roughly around the 61.8% fib line based on what i see, Monday night, Tuesday morning
. My downside targets would look to be the .88500, and then looking past that to about the .87700.
Thanks guys, happy trading!