Description
⋅ Hello and welcome to my Trade Idea of the currency pair EUR/USD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a beautiful downtrend.
Weekly: In the weekly timeframe we see nice bearish momentum in the last weeks.
Daily: On daily we see the bullish retrace better and draw the downtrend line.
H4: Here we draw the counter trendline and wait for a breakout to the downside.
Have a nice day.