* 200 EMA acting as support.
* Channel as support.
* 4H previous structure at 0.9080
* good risk reward.
* Correction channel if broken gives a good sign that price
wants to move up
* Good Fibo lvl's
Looking this at smaller timeframe for better entery.
At the moment i am waiting because there is no clear sign that correction is over.
If we see strong move up and close aboce 1.860 then we can look for long.
If the price comes down then we should see a 5 waves in the wave c(y). and look long from there.
Today is also a Jackson Hole so i think market will wait.
I can count 5 impuls waves up and i think we have just finished 1of5 waves up.
This week i think is going to be a correction and we should see a 5 wave movement down in the leg C.
At the moment is unclear how deep the correction will be but lets see.
Iam not trading it this week but will look the end of the correction.