After previous succesfull idea, the same scenario can happen. Price stoped at the support after breaking it upwards previous day. If it wont be badly broken todays night, itll jump from it upwards following days.
Will 168.700 hold? In my opinion it will hold and send the price to 170.00 which will not hold and price will set new uptrend...
Short position entered just now... Looks good. What do you think?
I hope this will work... Looks very solid. Previous my idea didnt work out, but still was closed in nice profit of 20 pips. Open - 1.4646 SL - 1.4602 TP - 1.4780
After looking at the chart, I found possible short. Open - 1.1246 SL - 1.1255 TP - 1.1165