EUR/USD
Price fell to the 4188 entry point, and limited out at 163 pips yesterday.
We bounced at the 786 yesterday and tested it during the Asian session. We got the test during the UK session and price rallied to the BF786. We now have to see whether we get a bearish cs formation, a BF786 trade, or if price continues up.
SHORT: Will be going short only IF:
We already in BF786 territory, if we get another bearish cs formation we will short, preferably a test of the overnight highs and then a bearish cs formation.
LONG: Will be going long today only IF:
Long trades are only considered down at the 786 again, or before yesterdays support, if we get a bullish cs at that level we will go long as well. Limit 100 pips. The 786 entry will be a PT to the BF786.
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