Strong reversal off weekly fibo from recent high, waiting for breakout confirmation on H4 to go short on pullback
On a side note, strong resistance zone if price makes a further push to M and daily Fibo level, can consider a short at 1.3007
On a side note, strong resistance zone if price makes a further push to M and daily Fibo level, can consider a short at 1.3007
Comment:
Should be waiting for confirmation break below daily key level 1.23965 before going pullback short, current movement drawn is anticipation of pullback which is not right
