EVENT RISK!
*SCALP STRATEGY FOR EUR/USD BEFORE CONSUMER PRICE INDEX*
'IF LONG'
- needs to brake resistance at 1.1045 for a possible long
- T/P 1.805 ( Resistance Level )
- However will pull out if price action dictates consolidation or uncertainty.
- Watch if price stays within the turquoise consolidation zone
- Look for strong candlesticks
'IF SHORT'
- needs to brake support at 1.1020
- T/P 1.09796 ( Support Level )
- However will pull out if price action dictates consolidation or uncertainty.
- Watch if price stays within the turquoise consolidation zone
- Look for strong candlesticks
' Graph Notes '
Purple = Trend continuation line, ( if long watch for brake )
Turquoise = Consolidation zone
Grey - Minor resistance/support levels
Green = Major resistance/support levels
- Wolf of El Cerrito
*SCALP STRATEGY FOR EUR/USD BEFORE CONSUMER PRICE INDEX*
'IF LONG'
- needs to brake resistance at 1.1045 for a possible long
- T/P 1.805 ( Resistance Level )
- However will pull out if price action dictates consolidation or uncertainty.
- Watch if price stays within the turquoise consolidation zone
- Look for strong candlesticks
'IF SHORT'
- needs to brake support at 1.1020
- T/P 1.09796 ( Support Level )
- However will pull out if price action dictates consolidation or uncertainty.
- Watch if price stays within the turquoise consolidation zone
- Look for strong candlesticks
' Graph Notes '
Purple = Trend continuation line, ( if long watch for brake )
Turquoise = Consolidation zone
Grey - Minor resistance/support levels
Green = Major resistance/support levels
- Wolf of El Cerrito
Empty your mind, be formless. Shapeless, like water.