EURUSD Trade Analysis - 1.3.2018; 2:30 am
Good morning!
To follow up with my introduction post, let's start with a quick analysis of the EUR/USD 1H chart. 
With a double top formation, price action momentum slowing, break of trend line, and RSI showing momentum decreasing - the confluence affirms that EURUSD price will start falling. This is a counter-trend trade, and definitely should be taken with caution.
Entered price: 1.20463
Stop Loss: 1.208
If price invalidates by breaking trendline, we will get out of trade. Otherwise, we will hold this trade and see what happens.
Update: 1/3/2018 8:54am
As predicted, EUR fell perfectly.
Exited trade: 1.2026 - 20 pip trade. Exited the trade due to rejection from 78.6% Fibonacci.
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