EUR/USD
No trade setups yesterday on EUR/USD.
Price fell yesterday taking out the B low and then rallying to take out the A high again doing a bullish reversal, so we have a new bullish AB swing. We can therefore only buy at the 618/786 and sell a BF786.
SHORT: Will be going short only IF:
We get a bearish cs formation at current levels, trade it for 50 pips since it’s a shallow bounce.
LONG: Will be going long today only IF:
We get a bullish cs formation after hitting the 618/786, trade the 618 for 50 pips and the 786 as a PT to the BF786.
No comments:
Post a Comment