EUR/USD
No entries on EUR yesterday.
We are still in the bull AB swing on the 1H chart. We are looking to sell a bearish cs formation maybe after a test of yesterday’s highs since we did reach the BF786 yesterday –outside our trading session.
If price just rallies from here we don’t have an entry for a long trade setup, we need a dip to the 618/786.
SHORT: Will be going short only IF:
We get a bearish cs from current levels since we are already testing the highs of yesterday. Trade this for a 60 pip limit since it’s less than a 382 prior. Stops must be 10 pips above the cs high – max 50 pips.
LONG: Will be going long today only IF:
We can only buy a bullish cs after price hits the 618/786, limits on the 618 will be 60 pips and the 786 will be a PT to the BF786. All stops are below the cs formations -50 pips max.
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