Not suggesting any trader take a LONG term short off a 4 hour chart. Not epecting a reversal here. Way too soon for that, and not my area of expertise.
Possible correction??? maybe.
1.45??? maybe.
Yet on a pullback, why not trade the correction instead of waiting???? I'd bet my "shrinkin-stinkin" dollar someone will be trading if/when it occurs....
We never ''marry a position or view"....as I'm sure many don't.....yet so many DO!....and they miss the early warning signs. Giving back hard earned profits during a pullback/correction.
So 1.45 or 1.25.......breakout or breakdown....don't care....cuz all things are possible!
Fxj
Possible correction??? maybe.
1.45??? maybe.
Yet on a pullback, why not trade the correction instead of waiting???? I'd bet my "shrinkin-stinkin" dollar someone will be trading if/when it occurs....
We never ''marry a position or view"....as I'm sure many don't.....yet so many DO!....and they miss the early warning signs. Giving back hard earned profits during a pullback/correction.
So 1.45 or 1.25.......breakout or breakdown....don't care....cuz all things are possible!
Fxj
Proper Prior Planning Prevents Piss Poor Performance