€$...continued

Look how price action has been driven lower by the RL to the RHS of the current downtrend. I am out/flat and expect price to continue lower. Theres no point looking to pick the bottom as the saying goes.... "Those people who pick bottoms get dirty fingers" and nor would i try to get a short entry right now with divergence apparent in many time frames but everyone knows that divergence can be huge in currencies. There is a LMLP in one of my Metatrader charts

at 1.2720 but if we get that low we may have a go at 1.27 figure