Analysis:
-We wait for price to test support and not break it
-If price doesnt break we BUY @ support area 1.3325 and hold
- its a 1:5 risk reward ratio setup
-the dollar index is bullsih and this pair will likely push up
COT's:
www.tradingster.com/...t/futures/fin/090741
www.tradingster.com/...t/futures/fin/098662
Simple market Price Action strategy.
Dont fill charts with too many indicators drawing and shapes, the market isnt that hard when you look at it from a simplistic way.
-We wait for price to test support and not break it
-If price doesnt break we BUY @ support area 1.3325 and hold
- its a 1:5 risk reward ratio setup
-the dollar index is bullsih and this pair will likely push up
COT's:
www.tradingster.com/...t/futures/fin/090741
www.tradingster.com/...t/futures/fin/098662
Simple market Price Action strategy.
Dont fill charts with too many indicators drawing and shapes, the market isnt that hard when you look at it from a simplistic way.
Comment:
We never entered trade, we move on