Shorted this from .53 down the .48. Waited for reaction and looks like more downside likely. Re shorted again at .48 and looking for .41 eventually. My stops are currently at breakeven as I'm looking to hold profits I secured. But if anyone intends to take a position my RR would be as shown on the chart.
Note
If this starts closing above .48 then I'll probably try and short around .51
Trade closed: target reached
Booked this at .42 just shy of the target. Will look to re-short if this finds resistance around .453
Chart PatternsTechnical IndicatorsTrend Analysis

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