We had huge move down Thursday and Friday. I'm looking for a short continuation trade off the spike and channel .382 fib retracement at 1.1052 down to the 1.1000 level and a possible follow on target at the 1.272 ext at 1.0980. I would wait for price to test the 1.1052 level before going short. If price breaks through that level there are a couple of nice levels up at the 1.1108 - 1.1123 handle for a possible entry point for shorting. I would also front run the 1.1000 target by a few pips because of the psychological level. Good luck trading out there.
Kommentera:
second chance to get short