on the 30th of August 2018 the pair dropped with huge Bearish move down to 110.700 before the bulls picked up momentum to move up towards 111.341
at this price I did not see any reason to why the pair would change direction after the original trend was a down trend
breaking the 0.618 Fibonacci level the Pair pushed up towards 0.786 on the Fibonacci or 111.692 before breaking the resistance line with a sharp drop down to 0.618 again
we have seen a Retrace from 111.150 to 111.440 which is 290 pips and should continue bearish
my entry is eyed at 111.340 and take profit at 111.100 and stop loss at 111.440
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