Price in EURUSD
is moving in a rising channel
into a corrective structure and is now testing a key level where we should watch for a buy setup. It's very interesting that price has retraced to the lower parallel of the channel like a clone to a previous retracement (same range, same angle). Even if this zone looks like will push price higher, we still should wait for a buy setup to form with a wave pattern being my first priority.
Have a nice trading week..!
p.s: Take a minute and read my post of "1001 pips project". You may find the link below..