Prices have moved back to top of range and looks to be making another move down. A short could be taken at market price, risking 30 pips, or a more conservative entry could be taken after prices have broken .786 fib level. First t/p could be placed at .618 fib level, at bottom of prior move up, with a second t/p being placed at bottom of range, near .5 fib level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.