EURUSD: Bearish Gartley & Cypher
After yesterday's FED Fun (unless you were on the other side of it) a lot of currency pairs are showing similar movement. A complete retracement from yesterday's spikes back into previous structure. We've been rolling through charts all morning in both the live trading room and the Warroom meeting trying to fish out which opportunities are worth taking and which are better off staying on the sidelines for. EURUSD is one that I like.
I just fired off a long on this pair at 1.0665's and Jason is waiting a little bit lower to potentially get involved. Those are more intraday/swing trading opportunities since the ATR is rather large today, but from a day traders perspective, we also have 2 potential short opportunities in the form of a bearish Gartley and Cypher. It would be nice to see all win on different accounts. Would make for an awesome end of a nice looking week thus far.
I just fired off a long on this pair at 1.0665's and Jason is waiting a little bit lower to potentially get involved. Those are more intraday/swing trading opportunities since the ATR is rather large today, but from a day traders perspective, we also have 2 potential short opportunities in the form of a bearish Gartley and Cypher. It would be nice to see all win on different accounts. Would make for an awesome end of a nice looking week thus far.
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