If I'm going to short this pair, I'm going to do it around 110.000 and 111.000. I'll need to see price post bear candles on the daily time frame. If I see that, then I'll go to the 1H time frame and post sell limit orders at previous market levels.
Comment:
Bear candle posted on daily time frame.
Comment:
Rough look at entries and stop loss placement on 1H time frame.