EURAUD: short under 1.4656, stop above: 1.4685 at this moment. Idea is 3d CCI setup on 60 min chart what can be taken on smaller time frame. Depends on action. If will go higher and CCI will go lower I will still look for short setup.
EURAUD still forming 60 min 3d CCI. Here is example how we can increase risk/reward. This is 5 min 2d CCI and if will turn to 60 min setup it will bring us nice risk reward
Good day all,
On the daily chart we can see that EURUSD chart form (for now) double CCI divergence. It is on my swing short list and I will expect that we could see swing correction from last daily bounce. For now my trigger is under 1.2950. I will follow action and I will look for updated trading plan and if anyone need information please feel free to contact me. FXE and UUP support that action because both form CCI divergence on daily chart. Right now it is just question can we se another slightly higher hi and triple divergence or not. Because I will start with small risk and I will add my position.