I'm short from 1.2176 sl: 1.2265. I took the position Friday
morning around 8AM EST.. I wished to track the halt, but
dropped asleep due to whacky sleeping patterns last week.
Fortunately price didnt abruptly reverse on me through my cease
again. I'm considering moving the s/l asap to 1.2170, about
breakeven. I'll cover on another bounce around 1.1205 place,
but I'd love to leave the commerce open and hopefully make some
adequate profits on a break below 1.2060 area. I wish I wouldve
gotten in earlier, but have been focusing on the GBPUSD and
USDCHF recently.

Is anybody in this trade?

What do you consider moving my stop for 1.2170? Too tight?
I placed it here because I'm presuming there is at least two levels
of immunity from where we're now on Fri near @ 1.2124:
1)1.2140 Fri high after bounce from 1.1203 (near Fri reduced) and ~50%
fibo from Friday high to 1.1203
two)only above 61.8 percent fibo (1.2159)of 1.22131.2077) and a prior intraday
service for Friday

When it breaks those, I shall wait until a fracture of 1.2213 into glong
or play smaller fibos to search for little pip profits until there is a clear
leadership??

I would like to be in a somewhat of a decent position only in case if it
breaks from this daily consolidation. I might be able to re-enter
on a bounce of 1.1205 place and back down off of 1.2200 area. What should you
think about my rationale?

How can I enhance this type of fibo support/resistance investigation ... possibly with a few signs? Didnt mention , although I noticed that the intraday and daily tops btw, and headandshoulders. It's still kind of iffy concerning when for me personally, although both are trend change signs, so it is a probality we'll see more downside.

Thanks