On a 1H chart we have a bullish pattern
Price is currently at 38,2% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to 1D Chart
However I Will look for a bearish short term entry setup (based on 1H chart, trade will be left for minutes, but position will be closed in parts and using a trailing technique, will try leave it open for a maximum period possible) at around 1.10725
Pipsing towards the area can bring some pips into collection also.
Price is currently at 38,2% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to 1D Chart
However I Will look for a bearish short term entry setup (based on 1H chart, trade will be left for minutes, but position will be closed in parts and using a trailing technique, will try leave it open for a maximum period possible) at around 1.10725
Pipsing towards the area can bring some pips into collection also.
