EURUSD, are we rdy to drop or retest top of channel range first?
Hi Traders,
Looking at the HTF, price impulsively pushed up from the lower boundary of the descending channel which has currently reached a double top range which price also failed to push higher. On the LTF we can see a bearish H&S pattern along with price moving correctively to retest the top of the structure.
If price impulsively breaks upward I will be waiting for bearish confirmation for a sell opportunity around the 1.04 range.
Trade Safe!
Thank you
Looking at the HTF, price impulsively pushed up from the lower boundary of the descending channel which has currently reached a double top range which price also failed to push higher. On the LTF we can see a bearish H&S pattern along with price moving correctively to retest the top of the structure.
If price impulsively breaks upward I will be waiting for bearish confirmation for a sell opportunity around the 1.04 range.
Trade Safe!
Thank you
