Pair is currently approaching a major structure level that has worked as good support and resistance
level number of times in the past. Bearish butterfly
that is potentially forming now, completes right at that level providing a nice shorting opportunity. RSI
shuld be overbought at completion of the pattern to confirm sell signal. ATR based stops above the 1.618 fib extension of XA leg.
I remind you that it's just my vision about possible market movements. If you have your own, please share in comments. I will be glad to discuss with you. I will be very grateful for supporting my post by your LIKEs, if it's not so hard for you. :)
Trade your plan and good luck in the markets!