I was long earlier this week in anticipation that the 1.6981 level (lower range boundary) would hold.
The move up was cut short and I'm now changing my directional bias.
Currently looking for price to make another attempt to trade higher, but failing to hold at the higher price level.
[Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions.]
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The selloff took off a bit sooner than I anticipated. I am currently still expecting further downside, but first waiting for a pullback before we pull the trigger.