Looking at the weekly chart, you can see price broke through a HL at the 1.2830 level. Price then pulled back into the bullish weekly candle that created the move down. Missing this opportunity to go short i waited for price to again close below the 1.2830 level, I will probably wait for mondays or tuesday high before shorting. i don't believe price will move back up to the 1.2830 level till some targets are hit.
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