With this trade setup, we're looking to take advantage of market structure. A confluence adding an additional detail of confluence is the key institutional level of 1l12. The right should (15m was valid), and no we see a nice shooting star 15m pattern before getting choppy. At the moment 1.12 is holding as resistance. We will be looking for a retracement extension shown in the green shownside target which is the 1.27. 4-hr doji, hanging man, and bearish entities are reasons why I am confident in thus short sell to 1.1 Trade at break even. WIll continue to hil dthis trade short into the week. Trade posted in channel.
23:43:01 (UTC) Mon Jan 6, 2020
*This is not financial advice. Forex carries a high level of risk not suitable for all investors.*