IgniteWealth

IgniteWealth

EURUSD corrected last week's dollar gains because of uncertainty of the tax bill outcome.As it is all factors are pointing to somewhat favourable tax reforms.im expecting investors to take profit on their longs and subsequently create some sell momentum from here.

IgniteWealth

expecting price to sell heavily into the new york session and probably for the rest of the day back to the low of friday.

IgniteWealth

Price seems to be moving in a a bearish channel,so we should expect price to test the upper trend channel before resuming bearish move with a subsequent swing low.This is a scalp setup with Tp at around the trend line area.