Practicing Elliot Wave analysis. I expect a bounce back towards 1.14 to complete W3/B as depicted. Thereafter, we should be due for the notoriously exhausting W3/C.
Plan: I will not trade the retracement per Risk:Reward. I will short the retracement using 4hr chart. Stochastic top around or below 1.14 is a green light to take a stab at SELL. I intend to hold this trade for long. No rush.