Euro Currency Futures Day Trading Strategy; Selling the profit taking rally

Euro 8JJ Bar

I am currently watching the Euro bounce a bit higher after the big sell off and it is nearing the BMT’s and is in the cloud.

I am waiting for price to come up to 1.3721, 1.3726 and if possible, 1.3735 to sell it right back down to new lows.

I will be targeting the initial low first at 1.3684 as the first target with the runner target all the way back at the lows of 1.3645 and potentially lower.

Make sure you don’t miss this trade! Sign up for our trial to the Live Trade Room to watch us take this trade LIVE in the room so you can follow along with us!