Are you trading the EURUSD? If you are, take a look at this and see if you agree with me.
So here is my plan…
I’m basically waiting for the EURUSD to break either extreme of the range, if it breaks the top of the range I’ll start looking for long opportunities, and if it breaks the bottom of the range I’ll look for short opportunities.
However, I’m also open to trade inside the range. So if it gets rejected from the top of the range (upper green level) I’ll also go short likewise, if it gets rejected from the bottom of the range I’ll go long.
What do you think of my plan?
Let me know in the comment section.
Tags: EURUSD Analysis