EURUSD · Trading Plan

18.3.2017 EURUSD



Bigger picture trend is down, looking for at least a retest of the yellow lines. lot of resistances overhead. red box as an indication of the weakness. Still hasnt broken the H4 Uptrendline tho. Scalp away on weaknesses, until TL is broken, then hold position at least till yellow. hold a position on possible continuation of the downtrend.

Shortterm Scalps: H1 TL already broken, get PB to H1 yellow. do expect a bounce though after. then look for a FB-Pattern or even buy at FB-Resistance Zones. Watch behavior of the PA around the green lines, as for now, entry if it breaks the green line to the downside (2nd wave blue/white on M1, failure to bounce and keep price over any NL)


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