joematthews1

Im Short EUR USD...

Short
OANDA:EURUSD   Euro / U.S. Dollar
EU producing nice Daily Bearish structure. Near key LH and Bank Level 1.18.

From the high time frame, we are in a Descending Channel and most likely near a wider reversal.

SL set at the break above recent price.

TPs not yet set, will watch for some Daily Bearish Price Action..

If SL is hit, we believe trade still a valid set up and will look for entries after the fake out.
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.