EUR/USD
No Trade setups yesterday as price just rallied on to take out the A high doing the start of a reversal process to head higher on the hour chart. We will be buying at the 618/786, with 618 limits at the 50p pip mark, and the 786 a PT to the BF786.
Eur dailies seem to have bounced off the lows and might well be heading for the 4700 mark over coming days.
SHORT: WILL ONLY BE GOING SHORT IF:
We get a BF setup and a bearish cs formation afterwards. Trade it for 60 pips since it’s a shallow bounce.
LONG: WILL ONLY BE GOING LONG TODAY IF:
We get down to the 618/786 and get a bullish cs formation afterwards. Trade the 618 for 50 pips while the 786 will be a PT to the BF786.
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