Reasons to Short: Near a demand zone that coincides with the bottom of the channel, which is around 1.0620 It seems that a weak short-term zone appeared around 1.0680
Conclusion: I predict a slightly bullish week. However, I'll wait to reach mid-term zones that can be found between 1.0760 and 1.0720 to short the pair. I don't recommend taking long trades here unless you are a scalper or an extremely short-term trader.
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Start searching for shorting confirmations. Do it according your strategy
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Yet not any bearish confirmation for me! Share your idea if you find a LTF confirmation.
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There were 2 bearish confirmations regarding my strategy I've entered in reversal but I left some of my risk capacity open. Let's see the result!
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