Another risky setup having only One reference point made
We are approaching a huge resistance zone and a healthy correction should take place here. Divergences set at all timeframes also indicate there should not be many bulls left here...
I believe a retracement would start somewhere at 0.7450 level. Today and tomorrow close will be important: if it closes above 0.75680 at some moment, the pattern is invalidated.
I set a Sell Limit order at 0.7450 with a SL at 0.76 and target 0.66 zone
Trade active
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Shorted 0.25 lots
Trade active
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Added 0.25 lots at 0.7438
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Developing smoothly! Added 0.25 lots at 0.7324
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Crawling down. All shorts to breakeven. Will close 2/3 of a position once quote hits 0.68