EUR USD is currently trading in a bearish structure so we are looking for SELLS ONLY, until price breaks structure by creating a higher high. Price is currently showing some resistance at the 61.8 Fibonacci level. Retail traders are starting to see this resistance and will likely start shorting from here and placing a stop loss above the highs around the 1.13600...
ONLY BUYS ARE VALID
OPTION 1 (GREEN):
Price retrace 40 pips and enter buys Wirth stop loss below last higher low (0.95050)
OPTION 2 (RED):
Price makes a new high, closes above 0.96560, enter buys on the retest at 0.96400.
OPTION 3 (ORANGE):
Price falls and breaks trend line making a lower low, enter sells on the retest around 0.95800.