Short term opportunity

Good Evening Dynamic Traders,

Congratulations to Saba on your promotion to a full time trading career, this provides more inspiration and confidence for the blog readers.

The GBPAUD mentioned on Friday's blog has moved approximately 430 pips since writing the post and has earned me 224 pips today. It has tagged the first Fib breather level.

Today I have posted a very short term opportunity. I say this loosely as at the time of posting things look a certain way which may be completely different by the next morning. Therefore it is imperative that you do your own analysis prior to placing any trades.

The Euro on the 60 minute chart is showing signs of a 123886 formation. Price has tagged the Fib reversal point and bounced back. The chart below highlights the satisfaction of a couple of other criteria. Note the recent MACD convergence indicating that price may change direction.














Question 5
Who do I have to become to attract the success that I want?

Wishing you consistent trading!
Bijal Shah