EURUSD scalp after Fridays STRONG Bearish movement.

After Fridays data releases saw the pair react bearishly, EURUSD has appeared to find some support around the 1.11500 area and formed a M15 double bottom. Due to this behavior i will be anticipating some re-tracement on Fridays move, then followed by a continuation of the bearish move after the 61.8% re-tracement level has been achieved. To add confluence, the 61.8% level also coincides with an H4 order-block.

Trade ist aktiv:

trade running nicely.