Short on this pair???

21 באפר׳ 2020In the larger timeframe, the price seems to be consolidating. Once we zoom into the daily, we can see the price has reached and retest and resistance at the Fib 0.5 level and is unable to break through it. I shall be placing a sell as i believe the price will enter a short term downtrend

21 באפר׳ 2020

הערה

correction, i meant fib 0.618 level, not 0.5