Basic and Alt provide with some downside potential.

Jul 29, 2018

Basic scenario - there is the first impulse (which shape is quite questionable) to the upside and EUR is about to start corrective leg down in three waves. RSX 1H is to the upside, RSX 5 min is to the downside. - I consider that this add odds to the Basic scenario.
ALT. scenario - there one more impulse to the downside unfolding.
All in all above mentioned scenarios provide with some downside potential.

Jul 30, 2018

Note

Moment of truth. There are 3 waved rise within channel. EUR should break higher in case of forming an impulse, otherwise odds will be for the big move to the new lows.

Aug 1, 2018

Note

There is substantial decline after the impulse up. but still no RSH 1H to the upside

Aug 21, 2018

Trade closed: stop reached