Bullandbeartrading

EUR/USD Trade idea

Short
FX:EURUSD   Euro / U.S. Dollar
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 very strong bearish. Little pullbacks but that's all.

Weekly: The weekly timeframe is bearish too. Since the 30.09.2019 the price is bullish but i think this is a pullback for the bearish trend.

Daily: Here we draw the bearish trendline. The price reacts very beautifully to the trendline.


Have a nice day.
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.