Price is currently testing a strong resistance level. If it's unable to break through, I expect the prices to drop. I'll be selling a breakout down. We also have regular bearish divergence in play.
I've based my sl etc on the fibs shown in the graph, but use whatever works for you.
I've based my sl etc on the fibs shown in the graph, but use whatever works for you.
Comment:
I entered at 1.5070 after the price broke downwards. Hopefully the downtrend will continue.