Sell from monthly central pivot which coincides with Camarilla daily R3 resistance. That would be nearly perfect entry. EURUSD is gonna drop even more down, all the way to yearly S1 at 1.09217. If price BREAKS UP (what I doubt!) that level will be from about 12.286. At any case watch what price does at that area. It is gonna be there today.
Trade closed: target reached:
My sell was open since last night. I didnt wait for it to reach that level after I noticed that there is a downward trendline on weekly where it turned. Bcs of that price didnt retest monthly pivot