EURUSD making ABCD pattern
EURUSD making ABCD bearish pattern. My bias is bearish based on the following:
- At 1H it has already printed bearish divergence twice and at the moment it is sideways probably in a distribution phase.
- DXY index is rising at 1 hour and Euro index is falling.
- At 1H simple dow theory as the chart is making LH and LL
- Entry point at the break of previous LL and SL should be above previous LH
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