FX:EURAUD   Euro / Australian Dollar
My confluences

Weekly:
At weekly price is close to the strong resistance zone
On higher time price has had huge impulsive move to the downside, price is currently in a corrective phase

Daily:
Price has had the 3rd touch on the daily correction chart
Price came back up for a possible double top

4hrs:
Price could form an extended double top level
Waiting for 3rd touch level within the LTF bearish wedge pattern

1hrs:
Waiting for one more possible move to the upside
Entry to be made on 1hr rejection candle
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.