A great setup here. After a huge upside rally, we finally SAW
1) The price can't hold over 0.8990 region - and we made a false break to the upside
2) H4 trendline was broken and it's resistance now, so maximum we could test it and I see only one direction here after that - DOWN...
3) Wouldn't recommend any shorts before the weekends, guys....but it's up to you! Anyway - I would execute the deal only with stop order here. The other option here, it's to wait for the beginning of the new week, wait for a correction and then you can enter that trade
TP1 0.8925 - will fix some amount here
TP2 0.8650
1) The price can't hold over 0.8990 region - and we made a false break to the upside
2) H4 trendline was broken and it's resistance now, so maximum we could test it and I see only one direction here after that - DOWN...
3) Wouldn't recommend any shorts before the weekends, guys....but it's up to you! Anyway - I would execute the deal only with stop order here. The other option here, it's to wait for the beginning of the new week, wait for a correction and then you can enter that trade
TP1 0.8925 - will fix some amount here
TP2 0.8650