I have closed all my previous short @ 1.2520 last week as I knew better sell levels at 1.2585 and 1.2635. So currently I have one short from 1.2605. Now here are reasons to hold on to short for a target of 1.2430 short term and 1.2310 medium term. ...

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Being patient in the wrong direction will still not yield result... So be patient being in the right direction... Short for me

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It depends on the direction of the patience.

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Yes... Something like this

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Still target 1.2310. Any rise is an opportunity to sell higher

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It is not a pull back in my humble view, it is still targeting 1.2310.

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Any rise is a crash

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First possible drop level at 1.2585.... Second drop level 1.2630... Weekly possible high 1.2600 weekly possible low 1.2370. Bias tilted for a crash to at least 1.2380 as far as 1.2630 is unbroken.

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Now at the first sell level area...

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Selling levels at 1.2585/1.2630 levels...

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There is no basis for 1.2820, the trend is bearish. 1.2360 has a strong chance of occurrence this week and it will happen quickly and aggressively. So any rise remains a crash.

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Better sell positions at 1.2585/1.2630... Target 1.2410 and 1.2360 if 1.2600 isn't broken. Cheers!

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Playing out just after 2 days... Crash is indeed easier than rise.

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Good

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BEARS stand aside for now... Weekly range now 293 pips... Let's wait to sell higher next week. Peace!

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We are in a very bearish environment... Any 50-120 pips rise will be met with aggressive sell. 1.2500 was anticipated to happen quickly and aggressively... Now 1.23 is under attack but won't happen in a Straight line.

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Exit short now... Weekly range already 280 pips... Stand aside

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Any rise is a crash

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I did suggest you take a long at 1.2550 then... Now I'm saying do take a sell here 1.2625 area as price will still crash... Stop should be 1.2675.

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Glad you got it right...

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