Immediately after the short trade I took today hit TP, price bounced off the 200EMA (red line), with the daily pivot confluence and high volume lines (khaki coloured lines), I took a long with a target at the daily R1. Let’s see how this plays out.
Entry price: 135.444
Turned out to be a loss. -20pips I have reversed short after seeing the market test the 20 EMA (blue line) and the support turned resistance. (see below) Target is daily S1