DerrickJerry

EURUSD - The Retrace And Fall

FX:EURUSD   Euro / U.S. Dollar
We ended the trading day last Friday with a bear flag that took us south for a total of 220 pips.

I expect a retrace to recover at least half of the institutional move made Friday and then the fall to the next area of interest the 1.17 level.

Should this idea see life expect another 200+ pips.

I will post a lower time frame soon stay tuned.

Trade with discipline and look at what the chart tells you and not what you want the chart to tell you.

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