We saw a very long fall on the EURUSD pair since June 2021, I think the fall has reached the end its of momentum, as you notice, the pair had an impulsive move in the M15 chart and it formed a rising wedge pattern as a pullback. So what I see happening is the EURUSD breaking the rising wedge to the downside completing what's left of the fall, going for the 3rd touch on the monthly/weekly trendline, I'll be looking for long positions then.
Trade closed: target reached:
The trade didn't actually take long to close close to 10R, so now I wait for confirmation to go up for a long time