We have good down movement which started after price reversal from 1.11. We could entry below 1.1027, when got confirmation from and . We could open a short trade, when the pair broke the 1.08. Now we can only wait for new signals. If price reverses and moves higher, we'll have possible reversal signal near the . It will be good place for opening short trades, if and confirm reversal and down movement. We will have to place stop orders above 1.08 and profit orders near 1.05. For opening long trades, it's better to wait price reversal from the 1.05.
@avenezh63, thanks for your comment )