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Short-setup

7Am Continuation. Looking for 1.0583 and 1.057It is Likely we will see a Continuation of Momentum. This is due to the previous 4hr candle being a large engulfing candle. It is likely we see more red on the current NY Open 4hr candle, or on the later 4hr candle. Probabilities speaking. Price has Continued to Respect Market Structure on Higher Timeframes ->> Daily Timeframe. 4Hr There is Momentum, alot of red candles, alot of sellers sitting patiently to jump on the train at 1.067 I think they are looking for 1.055. We'll see.
Short
by ShrewdCatfx
EURUSD Analysis + Recent Volatility EXPLAINED (Description) I have a Bearish Bias on this Pair. Trading Structure and momentum on this Channel. Check first Chart in Description to See what I'm looking at. Also, Included in the Description are two charts from Days Feb 1st ( Interest Rated Decision) and Feb 7th ( Fed Powell Speech ) These Charts , when compared and contrasted , are not much different. Actually they are quite the same. After news create initial volatility, Price is corrected nearly to the same price in which it begun shortly after, it may take 1-2 trading sessions or it could take only 1-2 hours. All relative.
Short
by ShrewdCatfx