Counter-Trend Correction to meet 1.1180

We are currently developing a 2nd correction within this bear run. There is a H&S formation forming within this correction that is telling me we may have some impulsive moves to come within the next day or two. TARGET is 1.1180 where we will then see what the market shapes up for us at that point. NOTE: I am keeping in mind that we may see a third touch of this current correction before dropping to the downside. EURUSD

Trade active:

Price made the small correction as forecasted and dropped very impulsively. Currently sitting at +30 pips from our 1st target.

Trade active:

Locking in profit as we go. Still more room to the downside.