long opportunity in the process

FX:EURUSD   Euro / U.S. Dollar
As we already know EU is making a head and shoulders pattern and its currently on its way up for the right shoulder.
Nice and clear ascending channel is being made. Price can respect the trendline and bounce up or it can break and bounce of the support which is at the 61.8 fibonachi.


should have sticked with price action analysis as you can see price broke the ascending channel and then retested and made a huge drop due to the news,
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