EURUSD short - Supply Demand - Deceleration

Hello Traders!

On EURUSD I see two possible scenarios. Those are marked on the charts.

The reason why I see EURUSD dropping in the near future is because we are in a Deceleration Phase. This means that we did not see the correction that we wanted to see. Therefore EURUSD is over extended to the upside. Now we want to see the correction.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.