Friday, 25 November 2016

EUR/USD 25 NOVEMBER 2016 4H


We still in the down AB swing, price is currently at the 618 of the swing. We are looking for a bearish cs formation for a short entry, else higher up at the 786,  if price rallies and takes out the A high then we are reversing.

FOR TODAY: Will be going short if:
We are looking for a bearish cs formation for a short trade setup, either from current levels, or higher at the 786.

FOR TODAY: Will be going long if:

No long trade setups as we are in a bearish AB swing. There are no criteria present to go counter trend.

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