EUR/USD: Possible reversal levels based on S/R and harmonics

We went down as expected based on the flag structure I mentioned in my previous idea. Still some room to move further down...

BOJ news in about 4hrs... If EUR/USD goes further down the levels as depicted by the circles on chart are to be considered for longs...
Look for confluence of oversold situation and/or ending structures on this and lower TF's in the neighbourhood of these levels...

Commentaire:

First level gave us a good reaction, let's see if it sets through, switch to lower TF's to find trade opportunities!

Commentaire:

Update: Short-term traders who took the long from the initial idea should consider taking (partial) profit...
Longterm traders keep longs.
If we don't break upwards soon then I will be looking for a triangle formation...: