I have closed by previous 4hr long on this pair as price has broken to the downside.
We have a 2nd lower high.
Break below the 4hour trend line, followed by an immediate retest.
The pair is still overbought, so i am looking for a bearish move lower.
I came out of this pair after reaching my profit level of 1.6690 / 1.67
We have a lovely 4hr trend to the upside which the market is respecting.
We have seem some consolidation around the 50% retracement area.
Sellers were waiting at 1.7158
We are now looking for another push higher to a key resistance area of 1.76+