DislikedI'm new to this and used to J16 ... anyway, the hourly high on the 14th, 50% retrace, and the third tap of an upward trendline. The daily resistance line would be the target, but looking back on it I probably should have waited till the daily resistance is broken through and it comes back to bounce north again.Ignored
Fair play to you, there's more than one way to skin a cat, but I suspect you are unlikely to get people who follow the trading methods on this thread taking that trade. So far as I can see, based on the sort of setups discussed in this thread, there are not many potential setups at the moment for going long on the euro. I've got my eye out for an SFP of the previous low at 1.2541 but that's it.
For shorts, I'm looking for a break below and retest of the level at 1.2441 or an SFP of the high at 1.2668. A clean break below the ascending trend line and retest from below would interest me too.