DislikedAgreed on a rally. I won't take another short on EU until we are past 1.3275. See first attached for reason. Note that the daily dragon is still sideways. Not an issue for intraday traders, really, but since I have seen the massive drop I expected a few weeks ago, I see no guarantee that this won't go into a medium-term sideways distribution phase or back up for a continuation of a longer-term uptrend. And with a monster support area on the horizon, I'm not confident the first touch of that price will not be immediately rejected.
Does the second...Ignored
If it is a valid H&S, the target works out with previous SRs, which depends on when the run up starts. All in a days work? Then back to bear? Who knows......