Looks like 3271.5 is a pretty solid resistance level, and we've been getting a nice uptrend here.
Using small size and betting short here, this looks very toppy to me and a great place to make a quick profit.
Looking to get long at 0.7037 if this rounded retest plays out the way I expect it to. Clean thrust candle up to break level, with what looks to be space playing out between the level and the retest. The daily shows this same pattern setting up for a bit more confluence.
Will watch to see what happens and potentially get long here.
Market open saw a violent turn to the downside which broke prior a two touch support and then quickly retraced giving us a swing failure to trade. Just watching how this one goes.
EURUSD seems to have settled into a tight range after a nice uptrend, followed by the current period of ranging. There was an attempt at another uptrend within this range, which was broken by the failure of the most recent high to achieve the status of "higher high".
Short, R/R 2:1
