Chart below
Price has retraced from the lows at 1.0310 back up to a high of 1.0480. This retracement allows me to enter a short when price breaks back down through the moving averages showing a trend continuation.
I am looking to enter short on a pull back to the averages, pivot points and fib levels.
Levels and chart below.
Entry: 1.0415
Stop: 1.0440
Target: 1.0290
I will update once the trade has been triggered.
Regards
Scott
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