It's NFP day so not feeling very risky right now.
Simple trade for Friday, shorting a move from Wave v to Wave iv.
Price already consolidated for some time forming a range.
A tower top pattern formed on the 6-hour chart (red-box), breaking out below the range.
We now have a pullback to mid-range with backside test of diagonal trend line.
Unless the trade idea is wrong, if not this should be the chance to enter for a move to 0.8766.
Simple trade for Friday, shorting a move from Wave v to Wave iv.
Price already consolidated for some time forming a range.
A tower top pattern formed on the 6-hour chart (red-box), breaking out below the range.
We now have a pullback to mid-range with backside test of diagonal trend line.
Unless the trade idea is wrong, if not this should be the chance to enter for a move to 0.8766.