EurUsd ab=cd, short now

EurUsd is setting up for a possible ab=cd highlighted in Red on the chart

We have a possible channel trend coming to an end
EurUsd is clearly making it's way back down
will the cd move ever happen?
It's too premature for that...
But a smart trade would be to short eurusd now for about 40 pips
take down to the first green line tp is about 113.80

Yorum:

Update: EurUsd did drop when it was ready... I was about 40 pips off from my entry. The good thing is you can renter when trade is ready.
Right now EurUsd is continuing to drop, looks like a distorted Head and Shoulders. I'll wait for more clarity>