08/11/2019 EurUsd Rate Market Update - Unfortunately for myself once Price decides to enter into an Expected Swing Low Phase as in this case the Double Top.
I need to follow the Trend until it is validated as A Completed Trend Cycle.
I had indicated 1.1040 as the low Level which it is - But Price is adding a 5 minute bar lower - At this stage i can now verify that 1.1013 - 1.1013 As the Secure Support Level towards Continuation Higher Prices.
I do have a template of the Chart Base Rates - By this i mean the tested and historical resistance and support levels which i need to to follow through rigorously therefore I am well in the know that the Current Rate needs to Return Back to Higher Pricing at 1.1337