Second failed trade in a row on this pair. Damn! Seems that this wave (4) is much more complicated than I thought it might be. Or maybe my counts are wrong and this isn't a wave (4)? I'll need to re-analyze this pair and see if I am off-base. For now, I am just going to sit aside and wait for it to reach the upper of the larger as I stated in my analysis. But when it does get there, I will need to see price action before I take any SHORT positions. I'll be watching.....
Year-to-date Profits: +5,794 pips.
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