EURUSD 2H Chart January Overview

EURUSD overall idea is bullish currently distributing on 2H meaning we will see lower prices in coming weeks, along with a shift in market structure.

• Currently forming UTAD on 2H/4H Chart so short term bullish impulse into bearish rally/dump for this week and next week to transition into the Test to finalise our schematic
  

• Looking for price to react a 1.1043 for a reaction and the formation off the UTAD
  

• Looking for price to range within 1.1039 and 1.1080 for the formation of the Test and a short on the lower timeframes (3M , 15M )
  

Not Financial Advice.
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Phi Traders . Founder - Sayry Llumigusin Parra

Tags(ignore): Wyckoff, Fibonacci , Harmonics , Bat Pattern , Volume , SMC , Smart Money Concepts, ICT , Inner Circler Trader , Supply and Demand