EURUSD channel violation

Aktualisiert
You can see a minor channel violation which pushed price into the 38% fib level. A retracement back to the back side of the channel was rejected to provide confirmation. The anticipation is a bounce at the 38.2% fib level before making its way back toward the 50% level. It's better to wait for an attempt to rally back up to the recent high before actually entering short. Patience is of the essence.
Trade geschlossen: Ziel wurde erreicht
61.8% level has been achieved
EURUSD

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