This is another nice trade of 78 pips originated yesterday and this is the story:
We have hit a major Resistance
PVR says sellers at top
The reaction was the highest down volume wave with linear pip move since 20th of July
A fast wave reaching all the way to the Fib. This move is not justified with any previous waves having the Effort vs. Result effect therefore "99% FAKE MOVE"
PVR says Sellers at top of Fib
..... PS for the entry ( I was in before that, visible on chart).