Old 1.53 - 1.64 range might break? Would truly be a shame, made me a gazillion last 2 years, but nothing lasts forever I guess... Anyway, not an auto short for me this time.
If it breaks 1.62 should act as support afterwards?(should have a stop run below 1.63 on retest to weed folks out I presume).
Last 20 years avg. atr(14) on monthly is 800, while last 3...
Title is pretty self explanatory... Buy/sell retests(whichever side it's on), leave some room, don't leverage over 2-3, don't use stops, manage the trade, dunno... common sense stuff.
normal fib extensions should be decent profit targets. Watch the minor trendlines that form. For the time being, we're heading nowhere fast, so...