EUR/USD
No trade setup on Friday.
Price also rallied on EUR, taking out the A high starting a reversal process. We now have a new AB swing, need to wait for a BF786 and a bearish cs formation for a short entry, or a 618/786 and a bullish cs formation for a long entry.
SHORT: Will be going short only IF:
We need a BF786 and a bearish cs formation for a short trade setup. Trade this for 80-100 pips since the swings are bigger on EUR these days.
LONG: Will be going long today only IF:
We get down to the 618/786 and get a bullish cs formation, the 618 can attract limits of 80-100 pips and the 786 will be a PT to the BF786.
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