EURUSD Short
Was really hoping for this pair to reach the previous high for a double top formation with added confluence of the 3rd tap of the trend line and the fib extensions being met for added confluence last week, but the market never goes your way all you can do is forecast many possibilities and be prepared for what the market does. It impulsed out of the channel and created a bear flag continuation to the downside and these are the 3 possible moves ill be looking for. The more probable one is the tight flag formation for a bear flag continuation pattern. The other two possible moves are a retest of the two ray lines above, if it breaks back into the channel and correctively reaches either ray line ill consider taking the trade.
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