Wait for this confirmation in EURUSD. LONG OR SHORT?

FX:EURUSD   Euro / U.S. Dollar
401 5 8
If you want to go short or long in EURUSD             , you must wait for this day candle to close up or below.
and now after daily close 1.113 , you think should short or long ?
+1 Reply
DavidRicardoFX lambathanh
If you havent entered, I would say, wait for a breakout and a candle opening below 1.100. (TP. 1.08 and TP.2 1.05) have a profitable trading.
DavidRicardoFX lambathanh
It might aswell be consolidating and waiting for a long.
I see also a wave pattern with forming downward or upward inhere as an additional point of confirmation.
+1 Reply
DavidRicardoFX PeterOndrovic
Yes, lets wait for the confirmation and make some pips :) good luck
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