1. Good bearish trend for couple of weeks
2. Price is in a range for couple of days then today (yest already) it break out the range
3. Bounce of the range and fell down forming a good zone of no supply at 1.1280
So I would put a pending sell order on 1.12787 with stop loss on 1.13000 , and TP just above the 1.1178, which is a zone of on supply back in march
I would remove the order if the price hit first 1.1178 zone
2. Price is in a range for couple of days then today (yest already) it break out the range
3. Bounce of the range and fell down forming a good zone of no supply at 1.1280
So I would put a pending sell order on 1.12787 with stop loss on 1.13000 , and TP just above the 1.1178, which is a zone of on supply back in march
I would remove the order if the price hit first 1.1178 zone