We are short on this pair. The market has indicated a potential WXY correction. Trade on inner correction breakout. RRR is key! goodluck
Wait for break out before taking a trade. This is where people lose.
The trick in forex is RRR(Risk Reward Ratio). No matter how good the signal may be. Be consistent with the amount of UNITS you trade, for it is these trades that hurt the most when incorrectly predicted. Looking for buys on thus trade. SL always alongside RRR. Happy trading
If you took my buy signal earlier this week, well, there's another opportunities to buy to1900. Wait for the last bounce. If it doesn't happen, trade on break out. SL as provided. Good Luck!
We might be seeing a reversal taking place. Longs are ideal with SL just around the start of the 5 wave sequence.
Overall, this pair is bearish! scalping the correction is risky. I would advise you consider risk should you take the correctional trade. Shorts will be ideal once price ends the correctional cycle
We had a ending diagonal just before this set-up. Wave 5 is on motion within the bigger degree wave 1. Lets monitor!
An extended triangle in motion. Tight SL with good long opportunities. Enjoy
Price in indicative of bearish correction in an overall bullish market. Conditions are seemingly clear to take shorts with a SL close by. Let us monitor.