There's a nice trendline here 122.75 and the 50ema. I'm not sure if we will break as it's almost closing on Friday. Maybe weekend gap up will take out the 50ema.
Price action. You can either short blindly at the highest point (or close to it) and use tight stop. Or you can wait for a candle to close below the last strong resistance (121.80) then short. But then you're leaving a lot of pips on the table if you wait for confirmation. Confirmation comes with a price.
DislikedWhat are you guys looking for a signal to short? Its amost at the 50 em on the 1 hour and the downward trend line.Ignored