Tuesday, June 17, 2014

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

Euro 6JJBar
The Euro is attempting to push to new highs with a 123 reversal up but we have fallen back below the BMT's and clouds for a shorter term bearish move.

I am waiting for price to retrace back to sell at 1.3563-1.3568 back to new lows.

The first target on the way down will be at the initial swing first of 1.3541 along with the projection target farther down at 1.3514.

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