On the H1, Retracement only hit 50%.
So it's got strength to hit 122.45 / 122.25
However on M15, after doing this chart, I went in LONG at 123.00 (SL at 122.91 - breaking the 72% for a continued downtrend)
Short term trade, will get out soon.
http://i32.photobucket.com/albums/d2.../Forex/USD.jpg
So it's got strength to hit 122.45 / 122.25
However on M15, after doing this chart, I went in LONG at 123.00 (SL at 122.91 - breaking the 72% for a continued downtrend)
Short term trade, will get out soon.
http://i32.photobucket.com/albums/d2.../Forex/USD.jpg
Chances favour the prepared.