Support & Resistance
1. look for a double top on the hourly chart and possibly an exhaustion or harami candle.
Place Sell stop at this point., with Stop Loss at a 127% fib extension of the 2 bearish candles
2. Place Sell Limit Order at 61.8% retracement of the 2 bearish candles.
Place Stop Loss at 127% extension of the 2 bearish candles
There are news events early in trading week look out for gap in price. see link for news events http://www.fxstreet.com/economic-calendar
Good luck in trading Guys
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