Nice rejection from resistance last friday and price has reached SMA20 on daily chart too before closing. This means that price could do a pullback and give us a better entry for shorting.
For entry look for pullback up to 0.57200
SL above recent highs
TP down at 0.56000
For entry look for pullback up to 0.57200
SL above recent highs
TP down at 0.56000
Trade active
Entered shorts at 0.57061Trade closed: target reached
Target reached and closed at 0.56123. I let one small position run with stoploss in profit. Plan is to see how far I can take this. I expect this pair for drop more. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.