Multiple confluences for a short (in my opinion). What I see is, starting from the Weekly TF, 1.) Big bearish break of MAs from the week prior
2.) Break and close below Key level 1.7750
...
Price has risen/closed above B extension. Waited for some type of pullback and pattern for trend continuation on lower timeframe for an entry to ride to key level 132.00/132.50 which comes in line with the PRZ area for the crab pattern. Time to let it ride up to my suggested levels and await to see what the market presents us =]
Thoughts are welcome! please,...
