Chart below
Price has recently pulled back allowing the averages to catch up.
Price has broken back down and a short setup with the trend has presented itself to me.
I am looking to enter short on a pull back to the Fibonacci levels and short term moving averages.
Chart and levels below.
Entry: 0.7625
Stop: 0.7665
Target: 0.7425 (5%)
I will update once the trade has been triggered.
Regards
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