DislikedSince last week actually... But I didn't use SL. I was adding small lots while it was going up. Never saw 0600s coming and that costed be some caffein + cigarrettes. But the long term r:r ratio for shorts were better than for longs. As it still is at this level.
Right now, 250 hour EMA lies at 0462. This is a usual place of negotiation and break of this EMA brings further downmove.
Note how cable stopped right at it this morning.Ignored
No matter the case is, I believe we will be seeing another rally towards 0470 before the pair decides its next step.