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Bullandbeartrading

EUR/USD Trade Idea

Short
Euro / U.S. Dollar (FX:EURUSD)  
Bullandbeartrading  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD Forex short countertrendline Bearish Patterns swingtrader
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trendanalysis chartpattern indicator eurusd forex short countertrendline bearish swingtrader
Hello and welcome to my Trade Idea of the currency pair EUR/USD.

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is in a beautiful downtrend.


Weekly: In the weekly timeframe we see nice bearish momentum in the last weeks.


Daily: On daily we see the bullish retrace better and draw the downtrend line.


H4: Here we draw the counter trendline and wait for a breakout to the downside.


Have a nice day.
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