Trade setups and other nonsense from 
... and 
Right now this pair is just below 1.5900 and it is Friday afternoon. If it closes below the blue trend line then I am shorting this pair down to the green trend line.
Can I get in earlier? Sure. Why not? Just go down to a lower time frame and draw another line.
If the pair closes below the red trend line…that is an earlier entry. The trade might trigger because if the pair goes sideways because the red trend line is so steep.
Stop loss is above the highs at 1.5956. Profit target is at the green trend line which is currently at 1.5727.
I think that if it goes that far it can go even lower….we will see.
-Dave
