EURUSD may be ready to resume drop now

Critical times on the EURUSD now nearing the top of the 5 min uptrend mentioned earlier

current price action at the left of chart is suggesting trend change possibility on this small 5 minute timespan, with lower highs printing

VERY close to the top of the hourly channel mentioned in Previous post.
There is without a doubt the potential that we are entering into another corrective wave down here as occurred 5 hrs ago, however I am starting to build a short position due to greater timespan conjecture that we have a little bit more of a drop to go on this pair... little bit more of a drop being roughly 400 points.








The hourly shows the channel as mentioned earier... still a ways from that there top and not inconceivable that we may see a surge to bring price up there... however as said am building short possy, entering a bit early due to current price action looking like downside at least short term (on 5 min timespan) has weight.