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Fxprotrader
Jul 28, 2016 5:02 AM

EURUSD Structure Changes, We Look For Buys Long

Euro Fx/U.S. DollarFXCM

Description

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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Comments
TheZabisyu
Any update? Still looking for buy At 1.10xx?
Fxprotrader
That's the best option, but if you identify a buy setup based on your strategy you may go for a short and aim for that buy level.. But remember that this would be a counter trend trade. Good luck..!
TheZabisyu
I bought on 1.1075 yesterday! Still holding the trade, with Gazzilions of profits!
We opened new gates as well!
peterfx
I'm in a short with target level 1.102
peterfx
Edit: sorry - 1.103
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