Looking at the EUR/USD hourly chart, we can see the highly impulsive bearish wave marked as X. Currently, we're looking to be in a corrective sequence, we've outlined a general structure of how we'd like to trade this market. We're only looking for shorts, and we'd like to short the pair at the 50% correction, matched up with a support&resistance zone. This type of trade is a clear with-the-trend trade, which means we'd be looking to trail out stops and will be following market momentum closely.
