Hello Traders good to be with you I have a change today as we are looking at the higher time frames today as we have a 4 hour chart. I am looking for a pullback to the 1.1280 price level and look to take another short as I feel this is going to continue to stay in the trend to the downside. I have placed a Fibonacci on the chart as you can see that I am looking at the 61.8 level and looking for price action to work for us. Then I am looking for a take profit at the support and about 100 pips at the price of 1.1162 price level. I am willing to have a position trade that I could be in for a long time maybe 3 months as the summer will be interesting and we see what the ECB does at there next meeting.
Traders thanks for being with me and we will talk soon….William