EURUSD - Bearish Channel Fakeout - SellEuro vs. US DollarFX:EURUSDmustafabaig99EURUSD was in a continuous bearish trend making Lower Highs and Lower Lows, this current bullish breakout without any sign of a bullish divergence indicate a buy side liquidity grab, trapping the buyers going long, the 30min bearish engulfer candle gives us the confirmation for the downside continuation. Therefore, placing the stoploss above the previous high at 1.1642 and take profit at 1.6015, going Short on EU.