FX:EURUSD Euro Fx/U.S. Dollar
Iit appears EURUSD has broken its downtrend and now the wait for confirmation begins. A lot of support at these levels along with the Yearly pivot that would suggest a reversal however with NFP news coming its best to wait for confirmation. Will look to long on bounce of top TL of falling wedge.
If it completely confirms reversal i plan on holding it till it hits an area of resistance then look for a bearish intraday pattern to exit. I basically follow this chart as i trade and use a smaller TF to enter and exit when price reaches an area of S/R. The goal is to take the trade as far as patterns and trends can take me.