This is not a good area to take trades in either direction. It is at the expected A after a 5 wave elliot impulse and is probably about to start a choppy countertrend wave to the B point near the edge of the pitchfork.
The trade I'm waiting for is to short in the region of B. That should provide for some nice clean intraday dump outs. 6e tends to move a lot during the london session so I might even stay up at night to trade it around the 2nd week of november.
The trade I'm waiting for is to short in the region of B. That should provide for some nice clean intraday dump outs. 6e tends to move a lot during the london session so I might even stay up at night to trade it around the 2nd week of november.
