After price break the pevious up-trend, we saw a big bearish momentum take price down to 111.20! Now in consolidation fase we saw 2 rejections on 38.2%fib level. Waiting on candle closure below 23.6% to enter with final target around 110.50!
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Comment:
Second entry +20pips before hiting entrypoint
Comment:
Could look for another entry short, but this 111.20 support is holding pretty nice.. Will stay out for now and see what happens
re-entering again at 111.50 with 20pips SL