Friday, June 13, 2014

Euro Currency Futures Day Trading Strategy; Selling the WAVE to new lows

Euro 6JJBar
I am watching the Euro reverse from its attempt to move higher into a nice looking 123 reversal pattern back below the BMT's and with a crossing cloud.

I am waiting for price to retrace back up to sell at 1.3558, 1.3559, and 1.3564 back down to new lows.

The first target on the way down will be the initial swing at 1.3534 with the final projection target at new lows of 1.3504.

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