Short

EU Short

Updated

Lower TF shows MACD divergences. Within the daily timeframe, EU seems to be testing the previous neckline which coincides with the 23.6% fib retracement. The short seems pretty convincing with resistance around 1.121-1.122. Just make sure that you have a tight SL with TP around 1.100.

Let me know what you think.

Note

Currently in the money with 15 pips.

Praz

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