EURUSD, H4Looking at this chart from a buyer's POV, price is currently at the channel's bottom, and we are now looking for price action confirmations of a bullish reversal and looking to get in to continue the channel. On the other hand, a seller would point out the overall bearish flag chart pattern that has now gotten the third touch of the channel's top and is already at its bottom. Also, price recently broke the EQH at 1.215 - 1.218 from the double top formed, where retailers would have been stopped out on their short positions.
Further Analysis:
https://a1trading.com/feb2821
- Bart
