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tradingfrog
Jan 20, 2021 12:08 PM

EURUSD [Distribution 3 possible sell plans] Short

Euro Fx/U.S. DollarFXCM

Description

Distribution entering Phase 4

Three possible entry scenarios:
1. Break major support and wait for retest
2. H8 imbalance fulfilment under second LPSY as if may or might no able to hold
3. H8 imbalance fulfilment and around first LPSY

***Beware SOW on left could be also a re-accumulations***

Comment

Finally it broke the support line, waiting it to break a bit lower first.
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