The trend is still bearish as per the indicators. Currently, Stochastic's K just crossed the 50 level mark and hoping it will stay below that level until the end of trading. MACD lines showing a downward cross over with a bar from the histogram showing below 0 is a great indication of more downward movement. RSI line is a few movement away from the oversold level and hopefully it will stay below 30.
My target is just a few pips away and my next plan is to look for the pull-back that will be at a support level and set my new short entry.
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