JeanConsole

Trendline PRZ

Short
JeanConsole Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD broke below the rising trendline from December last year and now its approaching to it for a potential retest and continuation to the downside.

I like the AB=CD completing at the same place that the 1.27 ext, just a bit higher than our psychological number of 1.1300. Will keep an eye on it for a entry technique in a lower that fit into my trading plan in this zone.

Keep it simple, and focus on the process

Twitter: @JeanC680
Jean
Comment:
Price is currently in my PRZ waiting for an entry signal in a lower time frame
Comment:
Price is not giving me any signal that it wants to go lower yet. I'll keep watching it

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