I'm looking for a possible bullish break and new high on the daily time frame (at least a test of 2.50) However this pair gave plenty of great selling opportunities due to the bearish structure. If I see another corrective structure towards 2.00 zone and price reversing I will sell again.
If we saw a wave A lower we should see a corrective wave next for wave B. I'll update this pair later on when we have more price action.
Comments
jbourgault
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I'm monitoring this one for over a month now following your first post. This will be a very (very) good trade...
TimStuyts
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Yes this pair did great, it even moved lower than I at first anticipated. But as long as the 'Brexit' scenario is on the table the technical set-up might not get triggered yet. So I keep following it but am conservative, that's why I will sell it again if it moves in a consolidation. Keep an open bias and we will do well with this pair.