EURUSD Wait fro confirmation correction to sell

By jojofang0901
Updated
Hi everyone:

Back here with another sell opportunity on EURUSD.

Structurely, nothing has changed since the last bearish move from the top.

Price is still in this larger structure, moving correctively within it since August. Larger, longer the correction structure extends, the better opportunities we can expect that down move to happen.

Latest price action we see price move to the top of the structure once more, recent double tops, price broke out from the ascending channel.

Wait for the lower time frame correction to form, and enter the next sell down to the lows of the larger structure.

Thank you
Comment
snapshot
Comment
Wait for a breakout from the larger structure, and lower time frame correction to get in more sell.

snapshot
Chart PatternsDouble Top or BottomFlagpriceactionWedge
jojofang0901

Related publications

Disclaimer