Hello traders welcome to a new trading week. Traders I have looked at the charts and we have some really nice trade plans for this Monday the issue is there is very little data released today. So this will be a technical trading day. Traders be patient and do not chase price and the entry is vital. OK traders let us take a look at the trade plan for today on EURUSD- This is the 30 Minute chart. Today we are looking at price in a range and just above the daily pivot point. Traders this pair is bearish on the daily and the 4 hour. So my bias is to sell this pair. I am looking for a break below the daily pivot and a retest and we can sell this at the price of 1.0966. I am looking to take profit at the 200 ema at the price of 1.0932.
Thank You Traders and we will talk soon…….William