Hey traders,
EURUSD is trading in a strong bearish trend.
Lows and highs are perfectly respecting the boundaries of a major falling parallel channel.
We were watching carefully its upper boundary to short the market from there.
Reaching its resistance, the price formed a double top formation on 4H time frame.
Its neckline breakout was a trigger for opening a short position.
The market bounced sharply after a retest of a broken neckline.
It looks like the pair will go even lower.
Great winner & perfect trade!
Did you catch this move?
โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ
โ
Join My Telegram Channel: t.me/VasilyTrading
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ