Fxprotrader

EURUSD Structure Changes, We Look For Buys

Long
FX:EURUSD   Euro / U.S. Dollar
Our second position of a sell setup was stopped at BE (we booked profit from the first one), after yesterday's news, and after this sharp rally we have a change of behaviour which makes us look for buys. In a previous post i described that i am expecting a final C wave up (look link below) and i believe we are at the begining. No action at the moment but i expect a correction, towards the lower parallel of the median line. At that level we should watch for a buy setup to complete. And this will be a tremendous risk/reward ratio setup. Don't miss it..!

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