Alright as i mentioned before .8000 is a key level and we all witnessed that crush move, now the market coming back to test same level but you can see got rejected twice on 0.5 fib level, also 0.618 level fit perfectly on .8000 EMA 50 work as resistance. i can assume the odds in USD favor also it's a good trade depending on risk reward ratios. you can take the trade now or wait till the price goes higher to 0.618.. good luck
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Trade closed: stop reached
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Do not try to get involve in any short positions. also always remember no matter how your analyze is good, the market always right till next one..