2618 trade on EURUSD

FX:EURUSD   Euro / U.S. Dollar
Hey guys,
on EURUSD we are fronting a structure level on the 4HR chart. On the daily we sitting between previoous resistance and support and so i think it could be a nice spot to get short.
As a conservative trader i want to see price confirmation: last week price created a nice double top with RSI divergence but i didn't short there cause the engulfing candle had a long wick to the down (buying pressure) i waited for another confirmation that finally came in form of a break of structure to the downside.
This is a prerequisite of the 2618 trade that you see above.
Stops above the highs, target 1 at the retest of the lows at 1:1 RR, target2 at the retest of lower lows.

If you have any question, don't hesitate to ask.
Otherwise, see you in the next chart!
Trade active
Trade closed: stop reached
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano:
Ultimo video:

If you agree, like this chart! Thanks
My last (english) videoanalysis here:


@Roker1 thank you for sharing.

I also saw this but maybe my analysis was a bit off.

...not that it really changes anything :) the price is still going down
Roker1 Telson
@Telson, thanks for sharing this! Let's see what happens.
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