Idea for 100 pips profit here. Opening short at 1.6720/30 (the resistance level when reached, not earlier) will be the safest point to open order. The market is not oversold and the target is not reached. Enigmera always estimate the lowest risk place. In case of bullish break the market will return to test its new support and you could close your position breakeven or at very low loss. No stoplosses needed. Apply money management according to the timeframe.
Precision again! Bullish break occured and the opened short has been closed at breakeven as the market always return to check. When we got a break like this it is possible to sell avobe with a bit more risk to the new support. Anyhow it is still very low risk trade.
