We've seen a double top and now appear to have sen a higher low and lower high form. Looking to play down from support turned resistance to above the next support level. Very good RR on this trade, however as NFP was on Friday price could chop around on 06/07 August, but for the RR the trade is worthwhile for me.
If the downwards sloping trend line is respected I'll wait to see if a bullish or bearish bias is generated and enter accordingly. At present when not at the charts I've got this short in from two key levels, however due to the UK general election risk is half and if price consolidates or moves slowly i'll take the order out accordingly.