FX:EURUSD   Euro Fx/U.S. Dollar
193 2 0
Initiate the second trade as price rises from the 0.886 through the 0.786.
Chart explains the trade.
Food4Thought
3 years ago
Price has bounced at the AB=CD level. A sharp drop to probe the 0.886XA/1.27AB expansion should occur once point B has been hit. Look for price to cease and desist exactly at 1.2854/55/56 for the long entry.

Stops should be no larger than 6-10 pips.
Reply
Food4Thought
3 years ago
Stops @ 1 pip above BE. Target is point B
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