jojofang0901

EURUSD Look for continuation sell here

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jojofang0901 Uppdaterad   
OANDA:EURUSD   Euro / USA-dollar
Hello everyone:

EURUSD is looking very good for more downside move.

We see the price broke out from the previous ascending channel structure, and had an impulse push down follow by a correction.

Latest price action shows a larger continuation correction forming. Good signs for more bearish momentum.

I would wait for a structure completion or a breakout from this structure to add in more sell .

Look for price to move down to the lows of the higher time frame structure and see if we get more structures to give us more sell opportunities.

Thank you
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