See daily chart of EURUSD below for the discussion that follows.
EURUSD broke support this week. If there’s retest of this area (support now resistance), I will look for bearish price action / candles (as per my strategy) as confirmation to potentially go short.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.