EURUSD has respected the top of the sideways daily range by failing to make another higher high (HH). We see price currently lining up in a bearish channel forming a lower high (LH).. This LH also aligns with the head and shoulders pattern clearly seen on the daily timeframe. A break of the bullish hourly trendline could provide us a sell entry with a TP around the previous LL at 1.12150. Looking for a break and retest before entry. Zoom into lower timeframes for precise entries. Trade your plan
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