Hi,
Full credit for this trade goes to Forecast City
However - as per their trade setup description - only take the sell on rejection of 1.18280 level (dont just blindly place the order when they release the setup!)
We can see 1hr candle closes between 9am - 11am showing price trying to push higher above the 1.18280 level and being rejected.
12:00 candle closed in a nice bearish push down - making the trade active I believe.
Me personally I am still long term long on this pair (no active trades atm), HOWEVER - happy to take shorts on a lower timeframe based on sensible price action