Price has taken the 78.6% Fib level, sell side liquidity (SSL 1H line) and the previous day low, it could continue down to take the whole number 1.27000 then move up or it could move up from here and target the bearish order block above (BearOB 1H line).
Waiting for a market structure shift and fair value gap on lower time frames to confirm that it wants to reverse back up.
Waiting for a market structure shift and fair value gap on lower time frames to confirm that it wants to reverse back up.
Trade closed: stop reached