GJ is looking beautiful here for potential short opportunities, price is extremely over extended since removing all stops above the massive daily wedge formation, now i am expecting a corrective move we have a strong psychological level in confluence with 4H supply at 167.500.
On the LTF price is consolidating in a bullish flag formation, but given the current over extension and level price is at i believe this flag is an induction pattern. I would like to see short stops removed above the Asian session high and buyers induced into the market from the flag breakout. If price follows my projection i will be looking for short confirmations at the 4H zone of confluence ✅
