French Confidence up from 102.00 to 104.00 which has created a small rise. However this data is very low and has minimal effect from my entry point which will come back down as the data just came out like 1 or 2 hrs ago
WARNING: IF EMOTIONAL TRADER DO NOT TRADE THIS
Overall trend: Bearish
Swing low and highs identified. There is a wing high but is a fake swing high due to it being formed from the closed trading days friday-monday which some traders can be fooled by when analysing charts.
Fib point identified which is the TP lines. i do expect EURO to depreciate in value all the way towards 116.800. When that deep into profit it is up to you if you keep the trade live. Use stop loss and TP appropriately
WARNING: IF EMOTIONAL TRADER DO NOT TRADE THIS
Overall trend: Bearish
Swing low and highs identified. There is a wing high but is a fake swing high due to it being formed from the closed trading days friday-monday which some traders can be fooled by when analysing charts.
Fib point identified which is the TP lines. i do expect EURO to depreciate in value all the way towards 116.800. When that deep into profit it is up to you if you keep the trade live. Use stop loss and TP appropriately