Please see my previous posts regarding my quarterly target for EURUSD .
Comments: My trailing stop was hit. Tonight I went long. Got some pips and out. Now, waiting to short.
Reasons to wait for a short:
(1) downtrend on the 8hr to .
(2) Too many retail traders buying
(3) the Banks want to sell
(4) Dollar index is only has a minor retracement on the 8hr
(6) Price is testing a 1.0564 ( area, but I would love to short higher at 1.0607.
(7) The push up is not as strong as before so far.
(1) Waiting for a trigger bar or bars
Entry Watch Zone around 1.0607