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EURUSD Expect short term reversal move
Euro / U.S. Dollar
Short
EURUSD Expect short term reversal move
By jojofang0901
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Updated
Jan 11, 2021
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Jan 1, 2021
Hi everyone:
Also looking good for potential reversal is EURUSD.
Here we see price formed an ascending channel within the larger parallels channel, then price pushed down to show us some LTF bearish momentum.
Since price is still within the channel, waiting for extra confirmation with a continuation correction on the LTF would be ideal.
Alternatively, if price bounce up from the bottom of the channel, then look for a reversal from the top.
Thank you
Jan 11, 2021
Comment
Chart Patterns
correction
Flag
impulse
Parallel Channel
pattern
priceaction
structure
jojofang0901
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