Looking for price to retest Trendline and retrace back to 61,80% fib level before making a move to the downside
Looking for price to retrace to around 1,34750 to take a short position to 1,33175
ANALYSIS Looking to short this pair at the 38,20% fib level from the swing high to swing low of the current downtrend Which also lines up with Daily resistance and 200 day EMA on 45m timeframe ENTRY = 156.300 SL = 156.600 TP = 154.750