perfect chaos in h4 / h1 time frame. I will stay on the sideline as long as this will go on like this
If it makes a close on M10 above 1.29 (=78% Ret level of 1.30 Down move) I would assume that a correction of down move from 1.32 area is possible. Next target would be 1.2950 (=38.2 level). Nevertheless big picture is Down.
Nice Up move to 50% RET from 1.2930. Waiting for 61.8 = 1.2880 and looking then for new short opportunity.
EURUSD rally seems blocked at 50% Ret Level at 1.2890. I will go short at around 1.2870