Im Short EUR USD...

EU producing nice Daily Bearish structure. Near key LH and Bank Level 1.18.

From the high time frame, we are in a Descending Channel and most likely near a wider reversal.

SL set at the break above recent price.

TPs not yet set, will watch for some Daily Bearish Price Action..

If SL is hit, we believe trade still a valid set up and will look for entries after the fake out.
Trend Analysis

Disclaimer