I am shorting the pair to 76.23 with a stop at 76.99.
2016Sep15 I am shorting the pair to 76.23 with a stop at 76.99. The target falls on the 78.60% fib level on the retracement.
The pair formed a double top.
The price has been trending lower.
The RSI is not in an oversold position.
The pair formed a double top.
The price has been trending lower.
The RSI is not in an oversold position.
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Fail. My stop was a little short.