I was initially long around the 1.20 level, but it would appear the market is screaming different. The .382 retrace is signaling a harmonic continuation and I will be getting short to around the 1.10-ish area. Happy Trading!
Just looking back over these past months and seeing things I wish I would have recognized earlier. Just more validation to patterns in consolidation. Happy Trading!
It is a little early to tell, but price action might be signalling the pull back is over. I though this might happen here:
Although I trade entry and exit on the 4 hour, the 1 hour does provide early warnings and I will be looking for a long entry signal over the next 4-12 hours on the 4 hour time frame. Happy Trading!
