Oke so this idea is maybe a bit unclear, but I publish it anyway so that tomorrow evening I can look back and see how it evolved.
At the moment the daily time frame is a clear short, if you plan to hold your position for a few days then dont even think about buying it.
The 1 hour time frame looks more interesting, as you can see it has developed a so called bullish wedge, meaning price will soon break out
to the upper side of the wedge.
Since the daily looks very bearish I predict that we soon see a retracement around current levels up to 1.1840 before the big down move continues.
How to trade:
If you got guts then scalp a buy for 30-35 pips and then enter a short for 100 pips.
If you play it safe then wait for the spike and enter a sell.
Tomorrow when this upmove has happened I might publish a new EURUSD idea based on the daily time frame.
At the moment the daily time frame is a clear short, if you plan to hold your position for a few days then dont even think about buying it.
The 1 hour time frame looks more interesting, as you can see it has developed a so called bullish wedge, meaning price will soon break out
to the upper side of the wedge.
Since the daily looks very bearish I predict that we soon see a retracement around current levels up to 1.1840 before the big down move continues.
How to trade:
If you got guts then scalp a buy for 30-35 pips and then enter a short for 100 pips.
If you play it safe then wait for the spike and enter a sell.
Tomorrow when this upmove has happened I might publish a new EURUSD idea based on the daily time frame.
註釋
Playing out like expected. 10 more pips and I go short with a 35 pip stop交易進行
sell activated at 1.1840註釋
stop lowered to 1.1822註釋
Nice profit. Will take my profit before NFP gets out. Dont wanna gamble this nice profit on it交易結束：目標達成
100 pips now on the sell position. Together with the retracement its a 140 pips total. Took my profit to enjoy the weekend註釋
120 pips now on the sell if you kept it open
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