EURUSD Fake breakout and bear trap after? Part 4

Stop got reached (very minimal), i would have even adjusted it slightly if i would have been awake to see it, since it is staying above that trend line. So i i have made a choice to wait for a small drop like the blue line, see it form a small higher low and go long there again, or if this resistance breaks and git in higher like the purple line shows. Both tight stops compared to what i expect the price can do, so it is still worth the risk for me.

2 Days the ECB said EU economy is weaker than expected, that is prob why there was extra pressure on the Euro the past days. So there is a very reasonable chance it might move up again, but it could take a few more days though.


Previous analysis:

Comment:

Already dropped, now i will wait to see if it will find some support around this level first. A few bounces up and down on the 1/5m chart before i will go long.

Comment:

Still Waiting, need to see higher lows on the low time frame first

Comment:

The candle on the left looks bad, so we need to see some support soon. On the right we want to see the shape of a curved low. So based on the weakness of the pas t few minutes, there is big chance, that if we rally, it might even take another day or 2. So we could be moving in this range for many more hours