sell the retest of structure

Good morning traders,
On eurusd we see a clear breakout of descending triangle and bearish trend continuation as the market
sets the new low.
For those who are looking to be involved in this movement, one possible option is to be patient
and sell the retest of resistance that is established after a breakout of a triangle.
Such strategy provides good RR but requires patience.
There is no guarantee that the market will return and hit our entry zone,
but if it hits It gives as a very decent trading opportunity.
Target is projected from the triangle.
Good luck.

Yorum:

hit the zone