Price went up to 1.5150 late last week to complete the pattern.
It also formed a (reversal) pattern and broke below
forming a divergence
Took a short trade after price went below the lows at 1.4953.
Stops are still currently above the 1.50 mark at 1.5030
Potential to move to 1.4600
If this happens, then it can retrace up to the 1.5100/20 levels
I am tightening the SL to above the arrow. Probably at 1.4992
(above the resistance TL)
Profit of only 15 pips.
I am looking to re-enter this trade with a target of 1.4600
Hopefully price can be resisted by the 20MA H4 (middle of the BBand)