Trade Set up 1:
Buy EUR after it breaks 1.0992 level
and Targeting 1.1256
SL will be the origin of the bullish candle that breaks the 1.0992.
Trade Set up 2:
Wait EUR comes into the AB=CD and the 0.618 Level
which complete at the same Level: 1.1256
SL recommend to be above 1.1400 ( the 1.618 ext)
This Trade reminds me of the last year's GBPUSD trade
an AB=CD correction that ends at the HTF 0.618 Place.
You can take either one or both.
Trade what you see, cheers for 2016
Buy EUR after it breaks 1.0992 level
and Targeting 1.1256
SL will be the origin of the bullish candle that breaks the 1.0992.
Trade Set up 2:
Wait EUR comes into the AB=CD and the 0.618 Level
which complete at the same Level: 1.1256
SL recommend to be above 1.1400 ( the 1.618 ext)
This Trade reminds me of the last year's GBPUSD trade
an AB=CD correction that ends at the HTF 0.618 Place.
You can take either one or both.
Trade what you see, cheers for 2016
