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Trading plan for EURUSD

Euro / Dollar AS (FX:EURUSD)  
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FX:EURUSD   Euro / Dollar AS
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdlong eurusdshort Fibonacci Retracement 618 Fibonacci Retracement 618trade breakout
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trendanalysis chartpattern indicator eurusd eurusdlong eurusdshort fibonacciretracement 618fibonacciretracement 618trade breakout
Trading plan for EURUSD

We can see EURUSD is moving within the down trend line now. Should the trend line broken, there's a potential AB=CD move

Plan A (Short) : Wait for AB=CD completion, around 1.1060 will be a good area to short. TP 1.0950

Plan B (Long) : Wait for the trend line breakout and pull back, around 1.0950 will be a good area to long. TP1 1.106
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