Good RR short off the 50% fib from Sept highs. There is also a former pivot point that could act as converging resistance. First limit would be 1.3065--a break of that level exposes lows from 10/15 at 1.2832. Aggressive stop should be placed around 1.3175. If stop loss is hit, look for re-entry around the 61.8% retrace
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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.