Euro / U.S. Dollar
Short

EURUSD: Classic Trend-Following Trading Setup 🇪🇺🇺🇸

884
snapshot

Hey traders,

As you know I am very bearish biased on EURUSD.
I was patiently waiting for a retest of a recently broken key structure.

Yesterday the price finally approached that.
On hourly time frame, the pair formed a double top formation and then broke its neckline.

Now I have my sell limit order on a retest.
Bearish trend continuation is expected.

Local goals:
1.0945
1.086

❤️Please, support this idea with like and comment!❤️

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.