The eursek currency pair has been coming down since August.

As long as the chart continues to print lower lows and lower highs I would recommend to take short positions only as long as this pattern stays in place.

Where might one sell to take a short position? The best place would be to sell high therefore the upper Bollinger Band might be suggested.

When price is at the upper band and the stochastik indicator comes down from over to below the 80% level might be one way to do it.


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