Sive Morten
Special Consultant to the FPA
- Messages
- 18,664
Morning guys,
Not too much to talk today. First of all - I wish you Happy Easter, spend time with your family. This is very important in current difficult times. As my friend said - "What I'm gonna do on self-isolation? Communicate with my children, family, pray and read". Good choice...
So, EUR keeps well our trading setup, going higher. So, we keep our target of 1.10 by far. At the same time, we do not see yet any real signs of bullish reversal and treat this action as retracement still:
Yesterday session was finished at 1.27 target of our butterfly. But, as you can see, it has been reached just within two candles. It means that continuation to 1.618 has good chances to happen. It seems that this setup should be completed on Monday. So, keep longs and no shorts by far...
Not too much to talk today. First of all - I wish you Happy Easter, spend time with your family. This is very important in current difficult times. As my friend said - "What I'm gonna do on self-isolation? Communicate with my children, family, pray and read". Good choice...
So, EUR keeps well our trading setup, going higher. So, we keep our target of 1.10 by far. At the same time, we do not see yet any real signs of bullish reversal and treat this action as retracement still:
Yesterday session was finished at 1.27 target of our butterfly. But, as you can see, it has been reached just within two candles. It means that continuation to 1.618 has good chances to happen. It seems that this setup should be completed on Monday. So, keep longs and no shorts by far...
