I just entered short at 1.2950 considering a formation of a Wolfe Wave Pattern . Initially a retracement till 1.28 and later 1.22 . In any case as usual I´m trailing stops.
SL 1.304 on a daily close
There´s also an interesting MACD divergence
6 Trading Rules :
1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade