Look for a breakout below 1.1234, then wait for a small pullback towards 1.1245-1.1260 zone and sell.
Invalidation of the trade - if price breaks above the last high, before the trigger, remove this idea.
Target 1 - 1:2 risk:reward ratio.
Target 2 - 1.1111.
Target 3 - 1.1000.
Target 4 (optional) - 1.0730 (gap zone).
Invalidation of the trade - if price breaks above the last high, before the trigger, remove this idea.
Target 1 - 1:2 risk:reward ratio.
Target 2 - 1.1111.
Target 3 - 1.1000.
Target 4 (optional) - 1.0730 (gap zone).