Dislikedit already breaks my channel, right now I will enter short if it goes to 1.33 and above but if 1.34 breaks, we may see 1.37 again next week perhapsIgnored
my strategy fro today is rather easy..
looking at daily chart,
FIBO 61.8 should around 1.3200, then price should fall back and I go for SELL.
with a condition, US index still strong and stand above 85.00.
so I entered a SHORT position at 1.32 and it was kicked out with (+1pip) by strong down of US index and all NON us is now rising...
now the EUR had breaks my FIBO + 30 pips at 1.3230, and US index is even lower at around 84.92...
so, I had no choice but to go for LONG at 1.3232 to follow the trend.
price might be still pullback around 1.3180 and for those with SHORT position, it is time to get out then....
my SL for this trade will be 1.3170 and looking at around 1.3270 and see what happend next...