EURUSD TRADE IDEA
Monday 160924
On the monthly timeframe EURUSD is making a bullish range expansion in correlation with the movement of the dollar index. Its in a 3 wave pattern with this being the third leg, I have marked out a bullish order block below the Asia Low on the H1 timeframe and I will capitalize on it after sweep of the Asia Low with confirmation both time and Candlestick
As we are approaching Ny session, I hope to capitalize on empire state manufacturing index.
The forecast is greater than previous so anticipate bullish Dxy and DXY is resting at H4 levels ahead of NY session. So if actual is greater than forecast and greater than previous, I will be hunting sell models in ny session for EURUSD and I will target my order block zone for further longs.
Lets see how it goes.
#ONE DAY AT A TIME
#ONE GOOD TRADE
#SURVIVING IS WINNING
#SLOW IS FAST, FAST IS ENDGAME
On the monthly timeframe EURUSD is making a bullish range expansion in correlation with the movement of the dollar index. Its in a 3 wave pattern with this being the third leg, I have marked out a bullish order block below the Asia Low on the H1 timeframe and I will capitalize on it after sweep of the Asia Low with confirmation both time and Candlestick
As we are approaching Ny session, I hope to capitalize on empire state manufacturing index.
The forecast is greater than previous so anticipate bullish Dxy and DXY is resting at H4 levels ahead of NY session. So if actual is greater than forecast and greater than previous, I will be hunting sell models in ny session for EURUSD and I will target my order block zone for further longs.
Lets see how it goes.
#ONE DAY AT A TIME
#ONE GOOD TRADE
#SURVIVING IS WINNING
#SLOW IS FAST, FAST IS ENDGAME
Penafian
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