Ultimately i'm Bullish (Longer Term)
A clean break of the trendline will warrant a short to 1.53.
At 1.53 I will monitor PA to determine if we will pull back and complete AB=CD to 1.555
Or
Continue lower to 61.8 of bigger AB=CD at 1.52 whereby a long will be executed to 1.56
*At 1.52 if PA confirms further downside, I will short to Monthly key level at 1.50000
A clean break of the trendline will warrant a short to 1.53.
At 1.53 I will monitor PA to determine if we will pull back and complete AB=CD to 1.555
Or
Continue lower to 61.8 of bigger AB=CD at 1.52 whereby a long will be executed to 1.56
*At 1.52 if PA confirms further downside, I will short to Monthly key level at 1.50000