see a waves within wves structure, lower time frame it showing a small potential up move then a last move to the downside in a short time frame to make the structure clearly for a potential upmove.
potential movement is coming for EURUSD if we see the structure just get in and make good profit.
breakout, retracement, correction then downside again.
Its on a expanding triangle pattern and we can see a last potential move
It's on an ending structure and looking bullish in the bigger picture, after the trend breakout look for a long term buying opportunity.
any time and it will be a sharp
long term downside
nice setup in lower timeframe.
need this structure to took a trade
not the FEB levels
nice in setup, Risk entry on eye.
1. In a channel
2. expanding triangle on the top of the channel
3. entry on a sharp down
4. breakout the trendline
5. completed the 3rd wave
6. RSI divergence.
only expecting after a correction and breaking the structure
short term up, but both currencies have strength
clear in structure and need some more strength.
shport term trade for the market to take out all the wrong side of the market makers.
look an eye to it and trade well
expecting a correction then trade to up from the Feb level
heavy structure is coming on this pair and wait for a right time.