EUR/USD retracement bottom possible

It is a little early to tell, but price action might be signalling the pull back is over. I though this might happen here:

EURLONG at approx. 1.125


Although I trade entry and exit on the 4 hour, the 1 hour does provide early warnings and I will be looking for a long entry signal over the next 4-12 hours on the 4 hour time frame. Happy Trading!

Penafian