EURUSD Multi Time Frame Breakdown
Weekend breakdown for this weeks trades
Price currently sitting in a critical zone as of right now in our lower band of support on two different time frames
As of right now I'm expecting price to take another small buy rally
I've marked the zone where im expecting to see a turn around in light blue
Expecting to see some rejection some where in that band then I'll take the sell
I plan on riding that out for about 50 pips and I'll probably just close when I get to the lower bands on the 4 hour considering im expecting a good sized correction
But I will be vigilant in case I get good signs of continuation
Price currently sitting in a critical zone as of right now in our lower band of support on two different time frames
As of right now I'm expecting price to take another small buy rally
I've marked the zone where im expecting to see a turn around in light blue
Expecting to see some rejection some where in that band then I'll take the sell
I plan on riding that out for about 50 pips and I'll probably just close when I get to the lower bands on the 4 hour considering im expecting a good sized correction
But I will be vigilant in case I get good signs of continuation
Note
EURUSD Long Term View
Order cancelled
Waiting better entry As long as I don't break the swing high I still see trend as bearish
Trade closed: target reached
overall structure played out as expected even though the small time frames did not play out exactly as expected
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