EUR/USD
No trade setups on Friday on EUR/USD – NFP DAY
We are waiting for a new B to form. We have the A up at 4373 and price took out the last low on Friday which was at 4220. Once we have the B we must wait for a BF786 to long, or a 618/786 higher up to short, both after cs formations.
SHORT: Will be going short only IF:
We rally up to the 618/786 and thereafter get bearish cs formations, trade the 618 for 50 pips and the 786 will be a PT to the BF786.
LONG: Will be going long today only IF:
We might not get a BF786 entry today, since we prefer to trade a BF786 after a swing, albeit a small swing, a swing is a few hours away at least, but we will monitor during the upcoming sessions.
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