EURUSD Re accumulation

Hi FPC followers,

Here's my sentiment for the following pair.
The bull tide is rising steadily, bull trend is confirmed on D, 4H and 1H charts. From the analysis, we can observe a reaccumulation in the yellow box with high activity. though more activities are observed to be at the highs.
From the current timeframe, it is likely MMs pushing price lower below the whole level 1.17 (blue box) to do more accumulations before the next breakout. Risk-takers may consider entering a scout at price below 1.17, assuming price volume favours. Nonetheless, patience is key. It is recommended to wait for confirmation for a classic long setup. EP at the 3 leg of wave and a breakout confirmation.

Trade safe

ForexPipCheats

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