on monthly timeframe , bullish reversal may be in play. however in d1, wait for bearish signs/ pin bar actions near the drawn trend line , that have proven to be key resistance, to enter sell. take profit at key support. exit position only if d1 closes above 0.798.
EDIT : THE STOP AND TAKE PROFIT LEVEL ARE WRONGLY SWITCHED. IT IS A SELL TRADE.
EDIT : THE STOP AND TAKE PROFIT LEVEL ARE WRONGLY SWITCHED. IT IS A SELL TRADE.