EURUSD Look for sell out of the correction
Updated
Hi traders:
Similar opportunities on most of the USD pairs.
We see price action has been in this larger structure since the up move, and now has show signs of reversal structures.
Price has been correctively moving up in this ascending channel, and hit the top of the structure.
We see a quick lower time frame move down, and a small correction in the making.
For me, the confirmation would be a breakout from this channel structure, and continuation correction to take the trade down.
Thank you
Similar opportunities on most of the USD pairs.
We see price action has been in this larger structure since the up move, and now has show signs of reversal structures.
Price has been correctively moving up in this ascending channel, and hit the top of the structure.
We see a quick lower time frame move down, and a small correction in the making.
For me, the confirmation would be a breakout from this channel structure, and continuation correction to take the trade down.
Thank you
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