Laz
Short

EURUSD - short at resistance zone

FX:EURUSD   Euro / U.S. Dollar
77 0 0
Sell the EUR/USD             at channel resistance and horizontal resistance level for a quick move back into the bar channel. Stop above 1.3700 which offers 2:1 R/R targeting the prior swing low.
The overlapping wave structure in the current downmove may indicate its corrective nature therefore the bullish trend may resume invalidating this setup.
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