Hi Bez,
Looking at it certainly, getting into the trade? maybe not, I see a particular factor that indicates higher lows just ahead. You could get into this short at 1.0250 for a 50-80 pip trade and come out as it approaches the lower TL or wait and see what happens when it reaches the lower trendline.
Good for a short trade I think, long term? possibly go through the 1.0250 and continue with the bigger move down.
Looking at it certainly, getting into the trade? maybe not, I see a particular factor that indicates higher lows just ahead. You could get into this short at 1.0250 for a 50-80 pip trade and come out as it approaches the lower TL or wait and see what happens when it reaches the lower trendline.
Good for a short trade I think, long term? possibly go through the 1.0250 and continue with the bigger move down.