EU has been consolidating for some time, I've marked up a distribution scheme as seen on the chart. Waiting for more confirmation before getting in a buy. Elliot wave, we're on number 5 right now, waiting for the ABC correction would be wish too. Looking out for bullish divergence and a lower timeframe accumulation from the point of interest marked which is a 4H sell to buy IC candle which took out equal lows. Buying up to the UTAD which has yet to be tested to then possibily sell off out of the zone.
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The last 4H buy candle before the huge drop we had today could be a good target for TP1 too