KarYong

EURAUD: Double Top

Short
FX:EURAUD   Euro / Australian Dollar
Current Sentiment: Bearish

Price is currently still in the consolidation zone and it has put a nice rejection off the resistance structure once again last week, forming a double top setup. There is currently a potential to trade the price back down to the previous lower trend line.

I would love to hear your opinion, feel free to comment, agree or disagree.

------------------------------------------------------------------------------------------------------------------------------------------------------------------

Always wanted to connect, learn and help one another throughout your trading journey? Join our community for FREE at www.facebook.com/groups/fxpipsology/ The only thing you need to 'pay' is your commitment to trading and sharing!

Have a great pipping day!
www.fxpipsology.com/
www.facebook.com/fxpipsology
Cheers,
KY

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.