Description
⋅ I will be looking for EURUSD Short for the following reasons:
1. Potential Double top
2. Ascending Channel (Reversal structure) to complete the third touch.
3. Will wait for the price to do either of these: break and close back in into the structure and form a LTF reversal pattern at the level.
1st Target: 1.09610
2nd Target: 1.07131
Comment:
I will potentially take a long trade on EU before capitalizing on the potential Dollar strength in the coming week.
Disclaimer: This is not a trade signal, and must not be taken as such.