When you look at the charts, there are both a potential short and long trade set up for a short term trade. I preferred the short set up. For the long entry to be validated, need a 15M candle close above 1.22952 (breaking the double top on 15M). That also makes the short invalid. For the short to be validated, need one of the next 15M candle to close below 1.22778. A break of that level will likely push prices to next weak support area.
Short @ 1.22825; SL = 1.23015 (but will be adjusted if trade goes in my direction)
Current TP @ 1.2248, however here are the key areas where I may take some or all profits &/or adjust SL...1.2266, 1.2255, 1.22825, 1.22425, 1.22345, 1.22270, 1.22190
15M:
1H
4H
D
W
M
Short @ 1.22825; SL = 1.23015 (but will be adjusted if trade goes in my direction)
Current TP @ 1.2248, however here are the key areas where I may take some or all profits &/or adjust SL...1.2266, 1.2255, 1.22825, 1.22425, 1.22345, 1.22270, 1.22190
15M:
1H
4H
D
W
M
Trade closed: target reached:
Took profits at 1.22399 for a very nice gain.