EURUSD is in consolidation

Hi traders,

EURUSD is still in a larger A-B-C correction. We think that it's now in wave B of the larger wave 4. This wave B can develop in a flat or a triangle. If it's making a flat then the end of the c-wave of the flat has confluence with the fib 61.8 and a former supply zone.
After confirmation that is a good area to take a sell. What do you think?

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This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.

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