We still looking for buying opportunities, it created a descending channel on a 15m chart. GJ has to create a third touch before our overall sells.
The market was in an impulsive phase and it made a correction, we will be expecting a continuation to the downside.
Looking for Sells.
Price broke out of the structure, after breaking the structure there was a correction. The Price might still go up forming a double top, will then expect impulsive moves to the downside.
We looking to short EUR/USD
EURUSD is in an ascending channel, we will be expecting for sells. There was an impulsive move to the downside and we got an ascending channel.
Looking for buys, there was an impulsive move to the upside and it is now in a descending channel. A breakout has to occur to confirm our buys.