we see a bearish continuation setup that is a sign of more sells. This pair has been selling for the better part of the year so its wise to trade the sell setups carefully as they mighty be the last wave before a reversal. Low risk entry setup. Trade with care use a stop loss.
Trend is upside but a fall is needed either correctively or impulsively. Based on our experience on such a setup, we usually see a pullback. The strength of the trend usually dictates the strength of the pullback. But a pullback is needed in this case, the sell trade. Trade with care use a stop loss.