EURUSD Expanding flat Correction update.

2017年7月29日

Last week I posted i expected price to come and break the top of the '"a" wave before the downside. Price has done exactly that and now on the 1hr time frame we could be making out first sell setup. If this breaks to the downside you want to sell. If we come down and make a consolidation there is a possible chance this makes another move higher to make a new high giving us more divergence. You can see in the indicator that each time we break the top we are getting divergence so each time we break a top now we can look to sell....If this is the begining of the downside this will be a very nice trade any upside from here looks limited and you dont want to miss the sell

Checkout Link below for higher time frame analysis

Good Luck.