Hello all,
Last round when I forecast a retracement it came and my itchy fingers close it too early.
This round,my forecast is wrong. I did manage to long it at 1.2780 with a 40 pips SL though. So sorry I didn't manage to post it here to inform everyone.
Right now, my view is still bullish unless fundamentals intervened. The next resistance level is around 1.2950. If this resistance level at 1.2950 is broken, we are looking at 1.32 - 1.33 regions in next 2 weeks. So if 1.2950 is not broken, this will likely be the reversal level.
I am looking to reenter long around 1.2800 -1.2830 regions. Stoploss can be placed around 50 pips.
nice again aaron! way to go!!
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