Sell Limit Pending Order @ 111.947 SL @ 112.000 TP @ 111.000

H4 Chart

On this time frame price has been ranging and has recently broken out to the bottom of the range. I plan on shorting this pair at the lower high, just below WPP all the way to the Weekly Target WS2 , Which has confluence with MPP where I expect trend to change. 21 EMA is below the 55 EMA indicating that market should continue to be bearish and Price is also Bearish

Source: MT4


Price is ranging and stochastic is showing that price is oversold, this confirms that price should retrace back to Dailyh PP.

Source: MT4

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