Friday, 2 December 2016

EUR/USD 2 DECEMBER 2016 4HOUR - INTRADAY UPDATE



Price gave us a BF entry so we exited the long position with 31 pips profit and went short. Stops at 50 pips with limits at 527 lower down inside the A Low.
We are now looking for price to extend to this level over coming sessions.

Else a break of 885 will resume the uptrend that’s been trying to form.

FOR TODAY: Will be going short if:
We short this pair since price gave us a BF entry. Limits are set at 527, with stops 50 pips above.

FOR TODAY: Will be going long if:
We can only enter a long position if we find support lower down followed by a bullish cs formation.

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