Overall we are in downtrend. But still looking for a potentional buy where i put my singal previous week.
Scenario 1: We can go test upper 4h Resistance zone and trendline and continue momentum down
Scenario 2: We break upper Trendline and zones and we go test bigger Resistance Zone.
Scenario 3: Like i draw now and still watching for buy limit to be activated. *Watch Previous setup of EURUSD* Looking somewhere in blue bubble price will bounce
Trade closed manually
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We had nice bounce of trendline and 170pips move up to the next trendline.