HELLO ALL,
AFTER A VERY NICE LONG OFF OF THE 1HR TREND LINE LAST NIGHT, EURUSD HAS GONE UP ALMOST TO THE WEEKLY TREND LINE WHERE IT IS NOW OVER EXTENDED ON THE DAILY RSI. IN THE TIME BEING ,BEFORE TOMORROWS USD DATA, LOOK FOR SHORTING THE PAIR OFF THAT TREND LINE WITH A VERY TIGHT SL THAT WILL GIVE YOU A NICE RISK/REWARD TRADE. LOOK FOR PRICE ACTION OFF OF THE TREND LINE AND GOOD JUDGMENT ON YOUR SL'S.
REMEMBER, USD DATA TO INCLUDE NFP AND UNEMPLOYMENT IS TOMORROW MORNING (CENTRAL TIME). GOOD LUCK TO ALL!
PLEASE GIVE A THUMBS UP IF YOU LIKE AND COMMENT YOUR IDEAS AND OPINIONS, THANK YOU!