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!
I also saw this but maybe my analysis was a bit off.
...not that it really changes anything :) the price is still going down