Two TPs hit with yesterdays re-entry and future potential setups

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Now we wait for price to retrace to the 109.600 level before making decisions to re-enter for a sell retesting the 4hour broken trendline and trading with the prevalent downtrend).
If price was to retrace to the 110.00 level we would wait for a break and retest with momentum signalling a potential trend change and buy orders would be placed to the upside.
If they present themselves potential short opportunities can be found at the 109.600 supply zone and 110.00 trendline levels.

Penafian

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