EURUSD: Trend-Following Trade Explained 🇪🇺🇺🇸

20 באוק׳ 2021

Hey traders,

EURUSD looks very bearish this morning.
Forming a double top with a lower high on 4H,
the pair is approaching a strong intraday support now.

Bearish breakout of 1.1616 - 1.1632 area (4H candle close) will be our trigger to short.
Goals will be 1.1573 / 1.153

In case if the underlined structure is respected and the price sets a new higher high,
the setup will be invalid.

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