The plan is to wait for price to come into my zone and reject a little. If that happens, I'll place my stoploss on the other side of the zone and target a 1:1. If price plays around in the zone of breaks and closes beyond it towards my stop loss, then I'll close early.
Looking to get into this trade if it sets up on a pull back or a creation of a lower high.
Just looking for a simple pull back into this recently broken low. Break and retest. Nothing too hard. Will target a new lower low as price looks like it could continue down.
Just a respected area in the past, let's see if we can get a bounce out of this. If not, planning a hedge to the lower zone and take another entry there. Planning the trade, trading the plan.
Looking for EURUSD to bounce from this resistance down to the support.