Weekly Summary February 17th 2017 is here. The third trading week of February is near its end. It is now time to recap and summarize the trade setups that we had. Below you will find the short explanation of all setups that we had this week..
EURUSD – Setup got invalidated.
UK 100 – Setup got invalidated here as well as price broke above last high.
Scenario 1 : No entry. Breakout happened, correction happened but price didn’t go up as expected.
Scenario 2 – No entry here as well. We did see the bearish in 3 waves but it never created a divergence. It also broke below the trend line.
CADJPY: Trade executed, target 1 reached, target 2 is about to reach now.
That would be all for this week traders! Stay tuned for my weekly forecast to get updates.