EURUSD could be making a double top, short term short trade

מעודכן
It is making a possible double top now, If it drops below this rising trendline, it would be a good moment to go short.
If it does not drop below, expect it to take out the high at 1.25
For more info on my long term (bullish) view including some fundamentals, take a look at my previous EURUSD chart
הערה
I closed half, if it drops below this support line, expect 1.22/1.225

תמונת-בזק
הערה
Its slightly below that support line
תמונת-בזק
הערה
So the target was reached at 1.225, i will not wait for 1.22 ofcourse. It has a strong support here now. Because of stock market crash the last few days, things have changed a bit. A week ago i would say it would never drop below the 1.22 anymore. Now it's difficult to say!
תמונת-בזק
הערה
For the ones who have not seen it yet, this is my long term outlook for EURUSD
Bullish flag EURUSD predicting economic contraction US
עסקה סגורה: היעד הושג
A perfect trade again, i am flat now on the EURUSD. I would like to go long, but things have chanced. The stock market seem to have started the bear market already, so now it's less clear for me what the Dollar will do the coming months. A drop below 1.22 means we could go towards the 1.19 again.
Beyond Technical AnalysisChart PatternsTrend Analysis

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