I know I usually post Forex ideas but we went through this market in the live room this morning so I thought I would share some of the analysis with guys.
We have test a major level of structure in this market at 1180 but if you are looking for a retest of the lows, then there are a few opportunities here.
A basic trend continuation trade looking for market to push into previous support to become resistance will give you an aggressive 1:1 RR
There is also an equal measured move, a Fib inversion set up and a Bat formation in that kill zone.
Good luck in the markets this week guys!
Jason
We have test a major level of structure in this market at 1180 but if you are looking for a retest of the lows, then there are a few opportunities here.
A basic trend continuation trade looking for market to push into previous support to become resistance will give you an aggressive 1:1 RR
There is also an equal measured move, a Fib inversion set up and a Bat formation in that kill zone.
Good luck in the markets this week guys!
Jason