The pull back has not arrived just yet.
I am waiting price to come to me otherwise the stop will be to big and the risk reward will become to great.
The trade has not gone yet and I will get short at the right level with the stochastic at an overbought level.
Currently I am looking at the following levels, however these may change as the day progresses.
Entry: 1.3175
Stop: 1.3125
Target: 1.3005 (3.5%)
Charts below.
Regards
Scott
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