EUR/USD
We had the BF786 trade yesterday but the stop was too big, we passed on the trade, price fell accordingly.
We bounced at the 786 yesterday and tested it during the Asian session. We now need price to fall to our max 50 stop price at 4188 to enter the trade with a stop below the Asian session lows. Short trades will only be considered up at the BF786 if we get a clear bearish cs formation there.
SHORT: Will be going short only IF:
We need a BF786 and a bearish cs formation for a short trade setup. Trade this as a PT to the A low since we would have had a 786 prior.
LONG: Will be going long today only IF:
We need a test of the cs formation formed during the Asian session. If we come down to the 4188 price area, enter long with stop below the session lows. PT this to the BF786.
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