Hello everyone:
EURUSD is looking very good for more downside move.
We see the price broke out from the previous ascending channel structure, and had an impulse push down follow by a correction.
Latest price action shows a larger continuation correction forming. Good signs for more bearish momentum.
I would wait for a structure completion or a breakout from this structure to add in more sell .
Look for price to move down to the lows of the higher time frame structure and see if we get more structures to give us more sell opportunities.
Thank you
EURUSD is looking very good for more downside move.
We see the price broke out from the previous ascending channel structure, and had an impulse push down follow by a correction.
Latest price action shows a larger continuation correction forming. Good signs for more bearish momentum.
I would wait for a structure completion or a breakout from this structure to add in more sell .
Look for price to move down to the lows of the higher time frame structure and see if we get more structures to give us more sell opportunities.
Thank you
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