After we saw the 50.0 fib retracement level held with a pin bar formed...this pair has been on a steep decline. Currently we are not in any trades but we will look to short this pair on a break out of the kumo cloud and the trendline to enter on a retest. 2.22 Risk to reward is very nice
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re test of the trendline during the beginning of the London session. On my watchlist for now but may still move higher, bouncing off the trendline
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Trendline break, wait for a retest before entering