PlutusX

EURUSD Quick Update - Trade in Drawdown

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
As we broke beyond the trendline, 61% fib and m structure with a weekly close above the zone, we are sitting currently in a drawdown. Price is climbing to 1.22 where we could see down average opportunities, short-term shorting opportunities, or possible entries if you missed the trade altogether.

We are holding on until we see that our entry zone (prev structure) is starting to be treated as support);

RR - 1:2.95

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