We have two events to watch: NFP today and Fed 15 March. These two key events will guide our future setup for at least the next six months. In the last two weeks we have seen irrational movements on the markets, but now "the sky could start to clear". From a technical standpoint, eurusd worked all bearish pattern and the supports, so if the pair is really bullish, from these levels should only go up, on the contrary, the next target (bearish) will be parity.
Look at our setup:
MONEY MANAGEMENT: We have stop loss around breakeven.
Thank you for your support and trade with care!
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Waiting for NFP, we have two pattern in play on H4, if you're interested in knowing them, click on "I Like" button and leave your comment. In addition, we will publish "how to look at and interpret the NFP", during their release (false signals and/or confirmations. We invite you to caution during today's session, if there is a big movement, will probably last even next week, and there will always be time to take a position (bullish or bearish). If you are flat, stay there! if you took position in our setup area, manage your position.
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OUR PATTERN IN PLAY.....
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FOCUS MONITOR ABOUT: Average Hourly Earnings (MoM) (Feb) =========================================================
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Operación cerrada: objetivo alcanzado
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Our TARGET 1 is hit, now we can not rule out a pullback, but if it will happen, it would be interpreted as a BUY OPPORTUNITY....