EURUSD Daily Chart January Overview

EURUSD overall idea is bullish currently distributing on lower timeframes with a shift in structure showing we are moving lower for the week and possible weeks to come.

• Currently forming UTAD on 2H/4H Chart so short term bullish impulse into bearish rally/dump for this week and next week to transition into the Test to finalise our schematic
  

• Looking for price to react at 1.075 for a small retracement, with confirmations on lower timeframes for a bearish continuation entry
  

• Looking for price to react at 1.057 for the change in overall market movement to a bullish one for the overall weeks to come
  

Not Financial Advice.
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Phi Traders . Founder - Sayry Llumigusin Parra

Tags(ignore): Wyckoff, Fibonacci , Harmonics , Bat Pattern , Volume , SMC , Smart Money Concepts, ICT , Inner Circler Trader , Supply and Demand