trading plan for eurusd
Updated
hey traders,
on euro dollar we finally see a decent breakout of a previous lower low on a daily.
the first thing we need to do,
we need to understand where the market is going next:
on a daily we can easily identify the next significant level of support.
inside this area, around 1.11 we will be looking for buying opportunities, trying to catch a pullback!
also take into account a potential abcd pattern, the D point of the pattern matches with the zone that we identified.
for those who missed this massive selloff on a euro dollar,
you can try to catch bearish violation of this small rising wedge on hourly timeframe!
good luck!
Note
Retest of 1,123
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