Sell below 0.6821. Stop loss at 0.6846. Take profit at 0.6781.
Reason for the trading strategy (technically):
Price has been dropping strongly. We look to sell on strength below strong resistance at 0.6821 (Fibonacci retracement, horizontal overlap resistance) for a push down to at least 0.6781 support (Fibonacci extension, horizontal swing low support).
RSI (34) sees long term descending resistance holding price down really well.
Reason for the trading strategy (technically):
Price has been dropping strongly. We look to sell on strength below strong resistance at 0.6821 (Fibonacci retracement, horizontal overlap resistance) for a push down to at least 0.6781 support (Fibonacci extension, horizontal swing low support).
RSI (34) sees long term descending resistance holding price down really well.