Holding the short

Price action has moved sideways, and how shown support at 0.29 and rejection of the 0.31 levels. This can typically happen following strong price action, as on the 01-02 of August. The MACD is looking good and is showing signs of the bullish momentum fading. In my opinion this is still a valid set-up

Comment:

TP hit 11th Aug on the 9pm candle. Good trade