What to say else? Am short on EURUSD The price have been ranging since 2018 Q4. We see that it is difficult for bulls to reach, talkless to say break, the 1.1500 level since october 2018. Almost tested twice first on november at lately last week (02 jan 19). I believe shorting now, just after the formation of the marubozu has good chance. Moreover, SL exists to prevent any market bad joke. So, setting a 20pip SL above the 1.1500 level is a reasonable area to invalidate the trade.
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