EUR/USD – follow
me on twitter @fxdailyforecast and stocktwits.com/fxg
We are still in the AB swing, price rallied to the 50 of
the swing thus far. We are in no mans land as far as entries are concerned.
FOR TODAY:
We need price up at the 618/786 followed by a clear
bearish cs formation for a short trade setup.
Long trade setups will be considered after a test of the
BF786 followed by bullish cs formations after a 618/786 test.
If we don’t get the setup we are looking for then we
don’t trade.
SHORT: WILL
ONLY BE GOING SHORT IF:
Short trades can be considered after a rally to the
618/786 followed by a clear bearish cs formation.
If we don’t get the set-up we are looking for then we don’t
trade.
LONG: WILL ONLY
BE GOING LONG TODAY IF
We don’t have the criteria in place for an immediate long
trade setup, stand aside until we do.
If we don’t get the setup we are looking for then we
don’t trade.
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