Today price is falling.


We can see on 5m chart, that levels are respected quite nicely. So now we can wait that price will retrace to 38.2% – 61.8 % and then short it. Stochastics will become again in overbought territory. MACD is in oversold territory already. Movements today are very small, so one could not look for more than 15-20 pips on that scalp. At 0.7341 we have WPP so this could be out exit point.

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