EURUSD is in triangle pattern.. I am not that sure either this pattern is valid or not. But I believe, the price is currently in correction from the 1.3437 to 1.2970. As you can see I am in two position at EURUSD. Hahaha A bit toying with the movement..
Both position are already with confirmed profit.
If the high at 1.3437 is the first wave, then the current downtrend is wave 2 as noted on the chart. Wave 2 can go down to 23% of wave 1, which is maybe around 1.3080.
I will look for any buy setup at any support to target wave 3. Happy trading.
If 1 and 2 noted on the chart is invalid, then I still have short position. Either movement.. hope it will continue to green 🙂