EURUSD has made a double top. Now it is trading in the Descending Channel Pattern. According to Chart pattern analysis, we might see trend continuation on the downside in channel pattern. One can initiate the short side trade, with proper risk management and stop loss and target will be joining point of support and trend line support, as shown in the chart.

Thanks

Vivek

Vivek

have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.