The 1-hour chart is also showing a nice bearish engulfing candle with a long tail, so I decided to enter a short trade. The stop-loss order on this one is above the high of that candle. I placed the take-profit order around the 1.5780 area, which is just a little higher than the lows from the 23rd of September. Let's see if the market breaks lower over the next 24 hours? This trade has been recorded on MyFxBook: Razor's 1-Hour Experimental Trading
