This is what I'm seeing.

Possible ABC corrective structure after price bouncing off channel limit as well as a previously tested support zone. Resistance was created on the inner channel structure causing a 5 wave movement(A), breaking the bullish movement trendline but not quite the market structure.

Bullish movement could be taking place as wave B form and eventually retest channels bottom line.

Let me know what you think!

Chart PatternsEURUSDmarketstructureTrend AnalysisWave Analysis

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