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jojofang0901

EURUSD Look for continuation sell corrections

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Euro / Dolar A.S. (OANDA:EURUSD)  
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OANDA:EURUSD   Euro / Dolar A.S.
Chart Patterns Flag Parallel Channel priceaction structure pattern Wedge
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chartpattern flagpattern parallelchannel priceaction structure pattern wedgepattern

Hi everyone:

Looking at EU for more downside movement.

Price was in this overall ascending channel structure, correcting the price.

Latest price shows a strong bearish breakout from this correction, can be the first sign of bearish momentum resuming.

I would wait for a LTF correction to develop and complete to give me the positive confluence to enter a short sell down to the previous lows.

Thank you
Komen:
Waiting for more development on the correction structure to confirm.
snapshot
Komen:
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