The charts were lining up on 1, 5 and 30min for short position. The 1 hour chart was bullish though.
I took the trade based on the resistance level. My stop was added above 104.600 round number.
The trade did not work out, tand it made a loss.
It went up to 104.631 [I do not know why it collapsed at this point. No obvious resistance zone]. As I write the pair is currently trading at 104.444.
In summary, my call was correct. I followed my system, sometime the market just needs to do it’s thing.
