EURUSD is trading between the MA50 and MA200 on the (30m) time frame.
The same consolidation was in the middle of the September 28th bullish wave.
We may have a potential Channel Down emerging.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.05775 (+1.24% as the previous bullish wave).
Tips:
1. The RSI (30m) is also consolidating on the same levels as the Sep 28th bullish leg.
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