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Ok, on this pair, EURUSD, we have last idea like this. B position is a little be higher than expectation but still acceptable as it made a double top. And entry signal appeared later on the second hit of the lower top.
Now we would assume that price might pull back to make a correction and keep eyes on the end of correction to sell on the condition that price would not pass through FIBO 618 position. 1h H2& H3 could be targets for sellers.
Will it turn around and make a reversal? Nothing is impossible. Check it on the condition that fibo 618 no longer a valid resistance zone on this chart.
So is this a buying sigbnal no w?