Euro momentum is to the downside. Price volume has increased steadily and the current candle shows little movement lower.
Possible retracement may see an entry for a short scalp for euro as follows
1. Enter between the 13 EMA and the Monthly PIvot.
2. Stop above the 50 MA
3. Target the Monthly S1
Risk Reward = 2.....:)
Possible retracement may see an entry for a short scalp for euro as follows
1. Enter between the 13 EMA and the Monthly PIvot.
2. Stop above the 50 MA
3. Target the Monthly S1
Risk Reward = 2.....:)