Hi traders, The EURUSD is retesting a broken ascending channel that lined up with 61.8 Fib ratio and moving averages. . This pair seems to have completed a three-wave correction that unfolds as a double zigzag pattern after a text-book five-wave impulse in wave (i) "red." . If this count is correct, the 5-3 wave cycle is almost complete, and a bearish reversal for the start of wave (iii) of 3 down can be anticipated. . Considering that price has broken & retested the blue CTL, and we have bearish rejection candles on both daily & H4 chart, we have valid reasons to sell this pair. . What's your view on EURUSD? Let me know in the comment.