For a new short, retest of cloud broken support would be a fair entry above 1.087xxx, as of now ichimoku still shows bearish crossover intact in 4 hr. Until FOMC and ECB it should be mostly range bound action, i am still biased towards the downside just like last week. Lot's of scalping opportunities should be seen before the major release
I would only prefer buy scalp below 1.075xxx, the reason i am still open to buy is that price on downside is getting rejected from the earlier broken descending channel. Plan is to identify the broad range and take scalp trades on each side .
I would only prefer buy scalp below 1.075xxx, the reason i am still open to buy is that price on downside is getting rejected from the earlier broken descending channel. Plan is to identify the broad range and take scalp trades on each side .
