EUR/USD – follow
me on twitter @fxdailyforecast and stocktwits.com/fxg
Price rallied yesterday but didn’t close above the B high
and pulled back into the AB swing.
FOR TODAY:
We will be looking for a test of yesterdays high followed
by another bearish cs formation for a short entry.
Longs can be considered at the support levels after
bullish cs formations.
If we don’t get the setup we are looking for then we
don’t trade.
SHORT: WILL
ONLY BE GOING SHORT IF:
We will enter short trades if we get a bearish cs
formation after a test of yesterdays high, with limits down at the A low.
If we don’t get the setup we are looking for then we
don’t trade.
LONG: WILL ONLY
BE GOING LONG TODAY IF
Long trades can be considered if we get a dip to test
support, followed by a bullish cs
formation telling us that support is holding.
If we don’t get the setup we are looking for then we
don’t trade.
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