On D1 TF, double tops has formed at the resistance area 1.3808 (which is close to psychological number 1.3800) but the current long term trend is still uptrend.
Two situations may occur:
1) If price retrace to trendline and resistance with candlestick reversal pattern, we will take long position.
2)If price closed below our long term trendline, we will look for short position upon retracements.
On H4 TF, price has closed below medium uptrendline and indicating downtrend.
But as you can see, price is moving towards major long term trendline on D1 chart.
For now we shall observe.
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