Intraday-1. Hold your short positions with SLs at 1.1420.
Intraday-1. It's getting more probable that blue line 1.1-2.1 is in process. However, to clear it out we need to wait coming growth and estimate its structure.
Intraday-1. Soon reversal is expected. Place buy order at 1.3200 and 1.3255.
Intraday-1. Grey 2.2 marker already might be placed and another line of growing grey TW starts. After local max at 1.3354 is renewed more sustainable cutback is expected.
Intraday-1. Reversal upward is getting highly probable. To enter use local high at 1.3287.
Intraday-1. Net position is bearish while new entries are not reasonable due to limited further decline.
Intraday-1. Stay bearish with SL at today's max.
At weekly chart corrective line of falling brown TW is in process. We don't trade in long waiting for brown 2.1 marker is in place. Daily chart. We have rising red TW and untill low 2.1 red marker is broken the wave must be viewed as rising. At H4 chart we follow rising blue TW. Yet, there is possibility that the whole rising is over and price starts to fall...
As for weekly chart I continue to follow rising green triangle wave (TW), which is hardly might be traded as it in reverse to falling TW of higher level. On daily chart we preliminary supposed that green 2.1 marker is in place, yet, another low is still possible which just shifts this 2.1 marker right-way and we'll continue to look long positions. H4 chart...
Intraday-1. If you look at H2 chart you'll see a perfect example of how triangle wave reacts to decision making price range (DMR) of the same level (blue, in particular). It significantly increase reversal probability and assist trader's confidence in sell stop placement. For now, at this time-frame I'd prefer to set sell stop at 1.1315 and current SL at 1.1420,...
Intraday-1. I wish price could reach 1.1396 again to place green 2.1 marker. OR we need to place sell stop at 1.1355 with quite far SL at 1.1420 and TP at 1.1230. Thus, I expect very short rise prior further decline.
One more leg of rising grey triangle wave is still possible. So, we don't have any set up to sell at this level, yet.
Intraday-1. The question if green marker 2.1 was placed is still open. Any way we need to wait more sufficient movement upward to sell at M5. Along with that more significant decline is possible within triangle wave at higher levels. Out of trading and get ready for short-time sell.
Intraday-1. Get bearish if price falls to 1.3234.
Intraday-1. Another leg of rising green TW was done. Get bearish at M15-M5 after price falls bellow 1.1366.
Intraday-1. Though the stance is bullish there is no any additional buys since correction is expected at any time.
Intraday-1. Turn bearish after price declines bellow 1.1350.
Intraday-1. Still stay bullish and shift your SLs under lower green and brown markers depending on what wave you're trading.