False bear trap? JimEuro vs. US DollarFX:EURUSDLancerlawrenceSo yesterday we saw a remarkable move as was expected just like the mix it up yesterday I expect same to happen again so we are currently in a bullish flag which is a continuation set up, it's nice to see the first wave complete really fast yesterday but this second rally might not be impulsive as the last, So what are looking at a downward move to at least 45 to 38% of the flag pole then grabbing shorts in the market before the move, so not shorting until the structure is broken Always take a step back don't live in the small timeframe to get a better picture. If it follow what is expected the longs is gonna take hold of the market for a while, like I said take a step back then you'll see better, so patient here don't be impulsive, either you wait for The fail of this set up before shorting. Don't forget after the raise in rate yesterday the euros is not in a bad place at the moment with mix opinion but not bad plus Next week news on the pound could see this top side if it does average, even not as long as the usd dominance, but a short burst so. Do what you wish with the information