MatthewCrm

EUR/USD short position

Short
MatthewCrm Updated   
FX:EURUSD   Euro / U.S. Dollar
this is a potential double top position that I've identified with this pair, it looks as though the stock is heading back to resistance and if it doesn't break the resistance could be looking at a confirmed double top with a send to previous reports, analysis done on 45 minute chart was a quick trade idea, don't think I'm going to enter but going to watch to see how it plays out, good luck!
Comment:
- adjusted tp and executed trade, should've spotted that support, holding longer term we should see a continuation of the down trend pattern
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.