EURUSD | Descending Channel within Larger Bull Flag ;)
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.
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