This will be my only trade in Forex for a while if it doesn't stop me out. The pair is rolling over from a high resistance area. That trendline won't hold, I'll add heavily if it breaks down the trendline in the daily timeframe. SL triggers if a weekly candle CLOSES above 159.20, otherwise is just volatility. I'm holding this for several weeks. Patience is the key.
Note
Adding to my short:Note
Looks like a fakeout. The 200SMA is pulling back the price:
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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.