my trade today, now BE.
H1 entry was based on price pullback on the previous H1 outside bar.
Now managing next TP2 exit and look for a rebound .
Being conservative, I prefer to trade with the trend where possible, so I am looking for a bounce off the bottom of my channel which is also very close to the 60EMA.
I agree with your short term view of E/U Bullish, so I am waiting for a change of direction of TDI and atleast 1 Bull Candle before going long. When this happens, I will be looking for E/U to go to R3 (1.27742)
Having said all that , I did short the G/U this morning using your fib-r idea's, and took 30 pips so thanks
"It always seems impossible until it is done" Nelson Mandela