I've been watching the 38.2% retracement of the previous impulse leg as a potential reversal point ( daily chart ). There is a possible AB=CD extension pattern in the hourly. Also, harmonic swing gets near that extension and within the support area from Jan 13th. Entered a short position at 1198.4 with a PT1: 1192.7 PT2: 1188.6, SL: 1202.8
Comment:
First target achieved. Moved my SL to break even at 1198.4
Comment:
Second target achieved.
Trade closed: target reached