TheTradersAvenue

EURAUD > Descending Triangle Waiting to Break?

Short
OANDA:EURAUD   Euro / Australian Dollar
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Analysis of #EURAUD

Price reached a key level an tested it twice but failed to establish trend from there and now keep making lower highs pressing he support line, If price breaks the key level and show me a follow-through, I will enter short on a lower time frame

even though this is a bearish pattern, but it could break to the upside If break to the upside with follow-through I will look for long entry




> Please note the ideas is valid only if it happened as I said above

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Check today analysis below

Stay safe everyone
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**

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