August 20, 2015

Euro Currency Futures Day Trading Strategy Review – Buying the 1L sell failure

Euro 1597V

The Euro had a big smash higher this morning with a bull channel rising higher.

We had a pullback to the midline support which failed to continue its pressure down for a 1L with the sellers failing.

This gave us a rip back up to highs for 10, 21, and 40 ticks back off at channel highs!

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