Was planning this setup since price came to 1.5500 and showed weakness, then in the daily retracement, went short at 1.5300
1.5500 is the 61.8 Fib of the major down trend since 2008 high to 2012 low.
1.5500 also well respected horizontal support and resistance level on weekly and daily charts., then it broke daily rising channel support and started forming head...