Strong sell! Its easy right? We could see how overbought price is, but we also could note the spikes above typical SL zones around 1.192 and now watch around 1.197. Yes, smart money all the time doing the same thing, and this is working!
Don't follow hamsters thinking, instead of placing SL on these levels, try to place Sell limit orders.
I would suggest trying the grid strategy here. (It's very risky, hope you understand the risks).
With SL 1.22 Grid steps with 150 points.
1.179 - 2% of your deposit
1.195 - 5% of your deposit
1.215 - 10% of your deposit
All the above are my advices, but I'm not responsible for any profit/losses you will get following them.
Good luck!
Don't follow hamsters thinking, instead of placing SL on these levels, try to place Sell limit orders.
I would suggest trying the grid strategy here. (It's very risky, hope you understand the risks).
With SL 1.22 Grid steps with 150 points.
1.179 - 2% of your deposit
1.195 - 5% of your deposit
1.215 - 10% of your deposit
All the above are my advices, but I'm not responsible for any profit/losses you will get following them.
Good luck!