EURUSD is trading in an ascending channel.
The market is decelerating at resistance level, meaning candles are getting smaller.
We have an AB=CD pattern where the D point is slightly above the resistance level.
On the 4H timeframe, we can see divergence.
We expect a bearish move; all confluences tell us that price could make a pullback.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is decelerating at resistance level, meaning candles are getting smaller.
We have an AB=CD pattern where the D point is slightly above the resistance level.
On the 4H timeframe, we can see divergence.
We expect a bearish move; all confluences tell us that price could make a pullback.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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🔻FREE Telegram channel🔻
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t.me/DeGRAMForex