EUR/USD
Eur gave us the bullish cs formation we were looking for on Friday, but this was a ST to the BF786, price fell back to our entry and we were stopped out at zero.
FOR TODAY:
Today will be a DA86 trading day where we again be looking to buy dips towards the BF786.
Else if price falls and takes out the A low down at 3258 then we will be reversing on this timeframe.
SHORT: WILL ONLY BE GOING SHORT IF:
We get a rally and then a bearish cs formation for a short either inside 3433/3458 highs, or higher up at the BF786 at 3490. The limit for this entry will be at the A low since we had an 86 prior bounce. Stop above the cs formation, max 1.5% risk.
If we don’t get the cs formations we are looking for then we don’t trade.
LONG: WILL ONLY BE GOING LONG TODAY IF:
We get a clear dip and a bullish cs formation, either at or inside Friday's lows, or lower down inside the A low. Trade this to the BF786. Stops below the low of the cs formation, max 1.5% risk.
If we don’t get the cs formations we are looking for then we don’t trade.
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