It's looks like a short.
First sell @ 1.2860 targeting==1.2760 (lucky bear who entered on overbought bull :p)
Second sell @ 1.2760 targeting==1.2660 (greedy bear who can still make some $$$ :) )
third sell @ 1.2660==1.2560 (Oversold bear can reach if already in a short position)
Good Luck :)
First sell @ 1.2860 targeting==1.2760 (lucky bear who entered on overbought bull :p)
Second sell @ 1.2760 targeting==1.2660 (greedy bear who can still make some $$$ :) )
third sell @ 1.2660==1.2560 (Oversold bear can reach if already in a short position)
Good Luck :)