Looking at higher timeframes (Daily, Weekly) price is in a short term downward trend.
IF price reaches the upper trendline acting as resistance AND candlestick formation on lower time frames (15m, 30m, 60m) show signs of a reversal
THEN a short trade will be taken around 1.70866
TP1 (short term) - 1.69525
TP2 (long term) - 1.68175
IF price reaches the upper trendline acting as resistance AND candlestick formation on lower time frames (15m, 30m, 60m) show signs of a reversal
THEN a short trade will be taken around 1.70866
TP1 (short term) - 1.69525
TP2 (long term) - 1.68175
Reason for early partial close - on 1H time frame the lower lows flattening off and potential breakout to the upside could occur.