Euro / U.S. DollarShort
EUR/USD Trade Idea
Hello and welcome to my Trade Idea of the currency pair EUR/USD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a beautiful downtrend.
Weekly: In the weekly timeframe we see nice bearish momentum in the last weeks.
Daily: On daily we see the bullish retrace better and draw the downtrend line.
H4: Here we draw the counter trendline and wait for a breakout to the downside.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a beautiful downtrend.
Weekly: In the weekly timeframe we see nice bearish momentum in the last weeks.
Daily: On daily we see the bullish retrace better and draw the downtrend line.
H4: Here we draw the counter trendline and wait for a breakout to the downside.
Have a nice day.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.