1) Weekly Closed below 0.70 (Round Number Key Level) 2) Price sitting at 0.69569 3) Market will test the around number key level at 0.70 4) I am short at 0.70 5) SL at 0.713 (130 Pips) a fake break usually between 50 to 100 Pips 6) TP at 0.67 (300 Pips)
Worse case - If market tries to go up - Break below 0.70 is a fake breakout