I'm brief from 1.2176 sl: 1.2265. I took the place Friday
morning around 8AM EST.. I wanted to track the halt, but
Fell asleep because of whacky sleeping patterns.
Luckily price didnt abruptly reverse on me through my stop
again. I'm Considering moving the s/l asap to 1.2170, about
breakeven. I will cover on another bounce around 1.1205 area,
But I'd love to leave the trade open and hopefully make some
Decent gains on a break under 1.2060 area. I wish I wouldve
Gotten in earlier, but have been focusing on the GBPUSD and
USDCHF lately.

Is anybody in this trade?

What do you consider moving my stop? Too tight?
I placed it here because I'm thinking there is at least two degrees
Of resistance from where we are now on Fri close @ 1.2124:
1)1.2140 Fri high after bounce from 1.1203 (near Fri non) and ~50%
Fibo out of Friday high to 1.1203
2)only above 61.8% fibo (1.2159)of 1.22131.2077) along with a former intraday
support for Friday

If it breaks these, then I shall wait until a break of 1.2213 to glong
Or perform smaller fibos to look for little pip gains until there is a very clear
Leadership??

I Would like to be in a somewhat of a decent position only in case if it
Hurry out of this consolidation. I might be able to re-enter
On a dip of 1.1205 area and back down off of 1.2200 area. What do you
Think about my reasoning?

How can I improve this sort of fibo support/resistance analysis ... maybe with some signs? I noticed the intraday and daily shirts and headandshoulders, btw, but didnt mention them. So it is a probality we'll see more downside, both are trend change signals, but it's still kind of iffy regarding when for me personally.

Thanks