Euro / U.S. Dollar
Short

Potential Countertrend Trade Idea for E/U

134
Doulbe top forming clearly on Daily and 4hr, after recent bull run. This could be the start of a daily and weekly pullback, before the trend continues. However, if you are feeling adventurous this could provide an opportunity to forge some pips.

option 1: Entry after STRONG BEARISH candle break of neckline
option 2: Entry after BREAK AND RETEST of neckline

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.