3 trades...
1. Currently in a short term sell back to 1.2075 level which was broken last week.
2. I will then look to buy from the same price up to the horizontal support level 1.26. This level is also 618 fib from monthly chart & also it looks like it will line up with the long term trend line from 2008.
3. Then I will be looking for a sell from 1.26 back to as far as 1.14 (which again would be 618 fib retracement from 1.26).
1. Currently in a short term sell back to 1.2075 level which was broken last week.
2. I will then look to buy from the same price up to the horizontal support level 1.26. This level is also 618 fib from monthly chart & also it looks like it will line up with the long term trend line from 2008.
3. Then I will be looking for a sell from 1.26 back to as far as 1.14 (which again would be 618 fib retracement from 1.26).