EUR/USD
Price bounced deep into the AB swing, just shy of the A low last night and has rallied since. Today will be a DA86 day where we will look for a dip and a bullish cs formation for a long trade setup, else if price gets to the BF786, we will look for a bearish cs formation.
SHORT: WILL ONLY BE GOING SHORT IF:
We get to the BF786 and get a bearish cs formation, trade this as a PT to the A low, since we already bounced shy of the A low yesterday, price will then be heading to take out the A low over the next few sessions.
LONG: WILL ONLY BE GOING LONG TODAY IF:
We get a dip and a bullish cs formation, this will constitute a DA86 trading day, only trade a dip, not a continuation, i.e. if price just rallies from here we have no long trade setup, we need a dip and a bullish cs formation. Stop below the low and limit set at the BF786.
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