EURUSD: Trend-Following Trade Explained 🇪🇺🇺🇸
Hey traders,
EURUSD looks very bearish this morning.
Forming a double top with a lower high on 4H,
the pair is approaching a strong intraday support now.
Bearish breakout of 1.1616 - 1.1632 area (4H candle close) will be our trigger to short.
Goals will be 1.1573 / 1.153
In case if the underlined structure is respected and the price sets a new higher high,
the setup will be invalid.
❤️Please, support this idea with like and comment!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.