Open conditions: 1. Sell limit at 1.3105 2. EMA (20) < MA(72) 3. Pull back up to EMA (20) 4. Pull back more than 30pip today 5. Yesterday pull back and touch MA(72), then dropped down strongly, so maybe today we can open position just around EMA(20) 6. London market opened 2 hours 7. ATR(5) = 90, more than 50 pips to TP
Stop loss: 1. 50pips 2. 3% risk 3. High probability go down, but we don't where to begin, so add stop lost to 50 pips
Take profit: 1. 1.3020 or 50pips 2. Daily volatility