Currently short this pair from the broken monthly support and head and shoulders neckline break.
I'm looking for a target down to previous structure, 50 fib retracement and a third bounce from the weekly trendline at around 1.98-2.00 level in which I will then look for a reversal to the upside.
I'm looking for a target down to previous structure, 50 fib retracement and a third bounce from the weekly trendline at around 1.98-2.00 level in which I will then look for a reversal to the upside.
Comment:
Target hit- will now be keeping an eye on price action at this level for potential longs
