On w1, I have seen a potential EWUS point for this pair to move up.
However, my view on EWUS has changed. I no longer just place a limit order on this type of levels.
I can use it to :
1) trade towards it as a magnet level
2) trade from it after an initial counter signal
I see a 1234 down forming,
– res from w1 low 2010
– 4 xh1 1234 WR
– 13TL broken.
I will go for it.
good trade management after Tp1 and shift BE to prevent a massacre.
One of the better trades this week.