1. Price remains in a perfect downward trend 2. KD, RSI and MACD in both H1 and H4 charts show demand for some level of pull-back to find a new opportunity to go short 3. Price is likely to test the first resistance level at around 1.13640 during the day. The second resistance level at around 1.14000
Pay attention on resistance levels and take short opportunities accordingly.
@n4nd14hm, You may close with profit for now since the price is pulling back to where you entered your short position. Also there is also a chance that the price would retest upper resistance. So you may close it if you would like to, and then look for another short opportunity.
n4nd14hm
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@zuoertai, ok already closed..thanks for suggestions..