EURUSD - time to close

Almost a week of nice trading session has ended. From yesterday Alligator is going to sleep (at least a while). So if there are still open positions - should be closed.

On the 4 hours chart is visible the beginning on 6 June. The 1st entry point is a little below the fractal because the change of direction was almost immediate and this fast move surprised me.

Few sessions later there were formed two Bullish Divergent Bars which seems not valid because of the lack of any angle between candles and alligator teeth - so I've ignored them. Instead a new short entry was fired on the Divergent Bar stop loss line.

There were few more entries in same direction marked with green. Sessions after the third entry were torn by anxiety whether the move will continue. It was obvious that the move is coming to its end.

Exit - marked with red - was on the second close above link line - when there was obvious that a new channel is forming.

So what's next?

It seems that there will be a correction. This is supported by the daily chart where a Bullish Divergent bar is visible and seems to be a valid one.

Be prepared and we'll see.