If price returns to 1.805, then I will consider shorting this pair. I will be waiting for bear candles on the daily time frame. Once I see a bear candle, I will move to the 1H time frame and place sell limit orders at previous market levels.
Commento:
Shorting could have began in March and ended in late April.
Commento:
Roughly what entries and stops may look like. Each entry and corresponding stop loss are 1/4% of account deposit.
Commento:
1H zoomed in for a bit more clarity.
