There is a perfect bearish wedge in the EURUSD pair that nearing its resolution.
S&P 500 short scenario plays out
go long volatility
Getting short here
The danger of this sudden pop up is that the market had to close the open price gap. Failed bullish flag in the 5min chart tells that we need to watch out for another reversal to the downside.
Long the underlying
Bears one after another
the previous pattern worked out well. the sharp reversal tells that the market wants to go higher from here.
Bearish wedge in USDJPY
played out well
i'm amazed myself that it is the wolfs wave that we might see here. the price has to reverse when it reaches the green extension.
should reverse soon
Short entry for EURUSD