EURUSD Long - Wait for the bear trap before going long.
Price has formed an inverse head and shoulder patter on the 4hr time frame. The descending trend line has also been broken and retested. There is however, an ascending trend line being tested as resistance at present. How price reacts around this area will determine the next move. I believe there will be a pull back disguised as a bear trap, just below the current neck line, which is also the next fib level. Let's see how it plays out.
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