EUR/USD
No trade setup on EUR yesterday, we have a new B down at 2944, with the A up at 3236.
FOR TODAY:
Price is in a narrow range since yesterday afternoon. We need a BF786 and a bullish cs formation for a long trade set up, or a bearish cs formation after price hits the 618/786.
SHORT: WILL ONLY BE GOING SHORT IF:
We rally to the 618/786 of this AB swing and then get a bearish cs formation. Stops above the cs formation, the 618 will be a 100 pip limit and the 786 will be a ST to the BF786.
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 still don’t have a decent swing high, so a BF786 trade setup will probably not happen during the upcoming session. Will wait and see.
If we don’t get the cs formations we are looking for then we don’t trade.
No comments:
Post a Comment