EUR/USD Sell Opportunity

2020-03-08 23:18:01

Higher timeframes are showing EU in an ascending channel pattern

Price has consistently pushed upwards and has recently interacted with the channel high parameters

Following this trend line bounce, we have seen the previous lows broken cleanly on the micro timeframes

If we get a solid close below, I would be looking at trying to get a scalp type entry with a small stoploss

I plan on taking 2 positions: one with a short term scalp target profit, and a longer term entry to hopefully catch the big sell off