Last chance for a possible short...
Updated
Potential entry at 61.8 retracement level / Daily downtrend line to go short. Id watch for a bearish engulfing candle to this level for extra confirmation or a break of the counter trend line to short this pair as price has built up some good bullish momentum these past couple of days.. A break above prices downtrend line will invalidate the downtrend. Patience is key!
Note
if we were to get another leg to the downside my final target would be 1.14600 area (Retest of Weekly Key level)..
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.