EURUSD is trading in an ascending channel.
The market is decelerating at resistance levels, meaning candles are getting smaller.
We have the channel border and the resistance level.
On the 4 hourly timeframe, we can see the market is overbought.
We expect a bearish move; all confluences tell us that price could make a pullback.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is decelerating at resistance levels, meaning candles are getting smaller.
We have the channel border and the resistance level.
On the 4 hourly timeframe, we can see the market is overbought.
We expect a bearish move; all confluences tell us that price could make a pullback.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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