Also, this recent price action has confirmed what I said was a MAJOR TREND CHANGE. Expect that this pair will continue to drop in the days, weeks and even months to come!
MY TRADE PLAN
Yes, I'm now net LONG because I am playing the bat and retracement. BUT...I am STILL VERY on this pair and believe it's still got more downside to go! So I'm looking for TP1 and then will close out the LONG positions and look to get SHORT again. But, I will actively monitor the price action and be ready to close the LONGS immediately should I see PA before TP1 is reached.
Year-to-date Profits: +5,794 pips.
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