Presently I am bias LONG on the 3 pairs, but it can change depending on the strength of the 15m candle swings.
EU has sold off the last bullish 15m bar, and is now looking bearish, but that is only the beginning of what could be a further drop down.
The 3 pairs swing together in most cases, so if one pair starts to drive fast, I watch the other two too see if they follow or not.
There are times a spike will form on the charts, then the next candle is just a test of that move.
It is important to wait for the real strength to play out, and that is usually seen in a 3 candle swing of the same direction.
I will post updates as I see setups forming.
EU has sold off the last bullish 15m bar, and is now looking bearish, but that is only the beginning of what could be a further drop down.
The 3 pairs swing together in most cases, so if one pair starts to drive fast, I watch the other two too see if they follow or not.
There are times a spike will form on the charts, then the next candle is just a test of that move.
It is important to wait for the real strength to play out, and that is usually seen in a 3 candle swing of the same direction.
I will post updates as I see setups forming.