As demonstrated, this pair has reached to the bottom of the Daily Trend Line and has slightly broken through. When looking at the 4hr time frame, it is noticed that the pair is very considerably oversold on RSI. Instant entry or possibly wait for the market to reach support.
Trade closed: target reached
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150+ Pips caught. Current Market seems to be consolidating. I think its time to anticipate a SELL for the pair as it is also considerably high on RSI.
Stop Loss figures have been amended to the trades original entry point. Time to see how far it can really go!