Wednesday 30 November 2016

EURUSD 30 NOVEMBER 2016 4HOUR UPDATE


Price actually found resistance at the BF circa 660 giving us an evening star pointing lower towards 553 again. We have exited the long trade and we have taken that short position although the risk/reward not the best, but still more that 1:1. Limits at 663, stop 50 pips above the entry.

FOR TODAY: Will be going short if:
Went short on the BF trade setup after evening star.

FOR TODAY: Will be going long if:

We will wait to see if price gives us s bullish cs formation down at the 786 before we initiate long trades.

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