EURUSD | Descending Channel within Larger Bull Flag ;)

١ نوفمبر ٢٠٢١

We've had our eye on the bullish play on EU for few weeks now, and we had some solid entries as well but Price failed to continue that upward momentum; that being said it looks like Price is giving us another opportunity to go long, and we could get the Buy from a cheaper Price. We're currently in a separated Descending channel at the HTF Double bottom level increasing the probability for a bullish play. Our entry will be the first LTF flag we get when price pushes up or the LTF Correction after the breakout flag we often take.