EURUSD, time for a correction, isn't it?

2 Feb 2018

I'm looking at EURUSD, it's at the highest points of the past months, but price actions seems too struggle a little bit to maintain the bullish trend and it developed a bearish harmonic pattern AND with the correction of CD leg, it developed another bearish harmonic pattern, so it may retrace between the 1.2530 - 1.2540, IF price closes above the 1.2550, then it indicates that the trend is very strong and a long entry instead of a short maybe a good idea. I find this opportunity very profitable