OANDA:EURUSD   Euro / U.S. Dollar
Pair successfully broke short term downtrend and reached support line from where its on the way up in its confirmation move.
We expect price to go up to the cross section where long term downtrend line is crossing short term uptrend line. In that point we will see double top formation as well as one more confirmation for short trade.
We will be taking some profits at first support line and later we expect price to reach second support line as our second take profit target.
Confirmations:
- Double top
- Resistance line
- Long term descending trend line
- Retesting of broken short term ascending trend line
Good enough for us to make short trade with huge RR ratio.

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