I initially sent out a neutral idea on this pair because i saw a possibility of price pushing up to 1.34939 for a double top before moving down but now i can see some buyers exhaustion at 1.31121 so that should be a possible LH forming.
Now on the H1 i'll be looking to see price break below 1.30927 to confirm price has started moving down and a pull back on the 15m with signs of exhaustion on the candle sticks. At that point i'll be looking to enter a short trade.
NOTE: Red prediction is the one in play while black is the other option that was planned out intending for a double top formation.
Now on the H1 i'll be looking to see price break below 1.30927 to confirm price has started moving down and a pull back on the 15m with signs of exhaustion on the candle sticks. At that point i'll be looking to enter a short trade.
NOTE: Red prediction is the one in play while black is the other option that was planned out intending for a double top formation.
Trade active
Price has decided to go up. Good thing we had a neutral trade initially planned out. If you did follow up closely then you should be in profits. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.