Wait for possible retracement and short
Next ideal entry after retracement to 0.91 if you didn't get on the downtrend early. Reasoning:
- bounced off at the top of the long term downtrend line
- after a short & quick movement down, some retracement can be expected, ideally to the resistance areas around 0.91 and 0.5 fib retracement
- first target around the 0.87 resistance
- bounced off at the top of the long term downtrend line
- after a short & quick movement down, some retracement can be expected, ideally to the resistance areas around 0.91 and 0.5 fib retracement
- first target around the 0.87 resistance