Possible head & shoulders set up to play out. Wait for the confirmation to break below the first shoulder support. Currently 66 on the RSI (close to overbought). Look to TP around 1.24586.
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Look to enter short position at 1.25331 just under the shoulder support.
Trade active
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As predicted, price has moved below our entry point which has triggered our position in the market. Currently looking at holding in the market until post London opening