I sense something coming here. Price potentially will consume the stops places above the weekly highs and I expect the momentum to kick in there and then. If the 78,6 fib retracement level would have been enough, momentum would have kicked in already. However, I see a pattern here, If something is too easy, it probably means it has been priced in already. Therefore, expect a push up before price can continue the bearish move.
Missed the entry on this. Came just a few pips shy of my entry level. Strong rejection immidiately from the 1.295 area caused by EU triggering legal action against UK for breaking the brexit deal.