Retracement to 1.1600

Atualizado
With the 78.6 and Month CAM R3 rejection, I am looking for shorts. DXY TLT GBPUSD AUDUSD
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Closed my long from 1.1700 this morning. The S4 Daily pivot breakout to the weekly pivot (Weekly P circled) and then backtesting the S3 Daily pivot is a classic Camarilla move.

I sold on that Daily S3 from 1.1700 entry, now I will just wait.
snapshot
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Closer up. So just a quick 35 pip trade or so. snapshot
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Possible scenario I see happening here before shorting. Note the 200 SMA 1HR just below the weekly pivot (circled). snapshot
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Very Nice. Almost there and I will exit this long. I am not sure if this was news related or just a huge confluence of support combined with a rug pull. There was a rug pull on UJ at the 111.30 mark again as well.

The top continues to be heavy resistance this week with the primary pitchfork top rail, the Month CAM R3, and the weekly CAM R3.

Notice that the recent retracement was near exactly Weekly R3, to Weekly S3. snapshot
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Took 1/3 off the table here at the month pivot (circled left). snapshot
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A nice linear regression channel has formed that has encapsulated the current move down from the relative top put in earlier this week. snapshot
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Whoops those are EU futures, but same idea.
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EU spot even better, a triple rejection of the 200 SMA 1HR, the midline of the channel, and Weekly CAM S3. snapshot
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Yesterday's add near 1.16950 was correct. Moved stop down to today's high: 1.16750.
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Shorting another 2 lots here at the intersection of the descending pitchfork and yesterday's close (horizontal yellow line). The moving average shown is 'special'. :) snapshot
Trade fechado: stop atingido
Stopped out. It was fortunate that the last add was around the stop set earlier. Total pips was about 65-70.
GartleyParallel ChannelPitchforks

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