61.8% Fibonacci Pullback held a few months ago at 1.24656. Shorting then would have been perfect.
Since the trend is still in early stages, I will short now with these stop loss and take profit levels:
Take profit at 0.92344
Stop loss 1.1850 (see previous chart showing Inverted H&S forming. If 1.1850 level is hit, H&S would be formed and I would look to reverse and go long. But, this is very unlikely to happen at this point).
I will sell into rallies.
*Simply posting my trades, not advising anyone to follow.
Since the trend is still in early stages, I will short now with these stop loss and take profit levels:
Take profit at 0.92344
Stop loss 1.1850 (see previous chart showing Inverted H&S forming. If 1.1850 level is hit, H&S would be formed and I would look to reverse and go long. But, this is very unlikely to happen at this point).
I will sell into rallies.
*Simply posting my trades, not advising anyone to follow.
Trade active
Comment:
About to get pressure on 1.15