This is the daily timeframe view: The pair has formed a perfect head and shoulders pattern, which suggests a short. We, however, trade with confirmations only, so wait for the confirmed breakout(2h candle closing below the level), then wait for the retracement, and only then>We can see here a very strong supply zone because of the long red candles. The price went down very quickly. Wait now for price action at the supply zone to confirm an entry. Please leave a like to support my view. Thanks for reading, stibo