Starting off short here at the current June '19 high.
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nice touch!
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The pair has made a top and begun a move down. It has closed below the swing low created at the top. It should at least reach the 50% of the move up at 1.1232. It is expected that subsequently it will probably move back to the recent high before reversing for a move down to the 1.09—1.08 area.
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Flat for now and waiting for the top to form. Looks to be heading for a double top in the 1.1420 area.
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The pair is consolidating for now. Will wait for an entry to develop.
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Short from 1.1174. Until this closes below the 50% line it could go either way. The projection off the double top completed Friday indicates ~1.08. We'll see.
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Short from 1.1164. This should continue down now.
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This may turn here, or could continue to the previous high around 1.1250. Either price has significant overhead resistance. Holding short here and will add at 1.1250. A daily close above the 1250 area will be the SL for the short and prompt a move to long after a pullback.
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A reversal occurred when the pair moved and subsequently closed below the low of the candle forming the high for the move up. A dot entry has also been triggered further down and right around the 50% line for the last section up. The short will be continued until the dots say otherwise. Initial expectation is for a revisit of the 1.09 price range before continuing further down.
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The pair has reversed and profit was taken on the short. A long entry signal has not yet been triggered, so the position is flat for now.