With my stoploss hit and the price action at the top of the wedge formation it is extremely possible for a breakout to the upside to occur as Symphonie gives a buy signal. However, the fact remains that a MAJOR news event of the Jackson Hole Economic Symposium is about to occur today. That combined with low liquidity means that for me I will sit on the sideline and await the outcome of this news event that will greatly effect the EURUSD.
However, if there is somehting obvious. I will take the trade but it has to be one of those ''to good to be true'' moments.
Evaluator.:nerd:
However, if there is somehting obvious. I will take the trade but it has to be one of those ''to good to be true'' moments.
Evaluator.:nerd: