Trade Ideas Position: EURUSD Crab

A type2 bearish crab setup on the 1-hourly chart. 1 thing I love about the type2 trade setup, it does give a very nice structure and reference on the 1st test and is an opportunity to see if there's an RSI Divergence setup.

On the daily chart (right), this trade setup is a retest of the double top , the support line of the double top that turn as resistance.

Great setup for trend traders, I wait for candle setup on the 1-hourly chart.