EURUSD pair is forming an descending trendline its not valid yet because it got only 2 touches so we're waiting the 3rd touch to form and make our red trendline valid.
once it hit we will be looking for a short position on a lower timeframe and it broke above we will be waiting for a retest and rejection o our trendline to enter a long position with a take profit the 0.76 Fib Retracement zone.
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once it hit we will be looking for a short position on a lower timeframe and it broke above we will be waiting for a retest and rejection o our trendline to enter a long position with a take profit the 0.76 Fib Retracement zone.
Happy Trading Family
Follow us for more pairs updates
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