I'm planning to go long on this pair, i believe if the price goes down to retest the trendline, i gave my SL enough space to allow that so that i dont get stopped out.
Hypothesis 2: if it continues with the current trend, there's a possibility the market will go down to my fibo point of 1.618 ext. and then further down
Sell order is set with SL and TP with RRR of 1 : 3.45
Hypothesis 1: If the chart breaks the trendline, theres a possibility it could reach my target to retest the resistance
Buy order with SL and TP are set on the chart with a RRR of 1:4