EUR/USD Trade idea

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 very strong bearish. Little pullbacks but that's all.

Weekly: The weekly timeframe is bearish too. Since the 30.09.2019 the price is bullish but i think this is a pullback for the bearish trend.

Daily: Here we draw the bearish trendline. The price reacts very beautifully to the trendline.


Have a nice day.