I believe this pair would retrace further, stall at the yellow line and head down, with the bear capacity of up to 3R as shown.
Wish me luck...
Wish me luck...
Commento:
The market opened with a shoot above the golden line that I am looking at, and shot back to the same area; I am still biased downwards, would not enter the trade at the moment. Would enter very close to the red trend-line.