EURAUD is creating a chart pattern that has repeated itself 2x in the past. It has a sharp reaction to the top of the ascending channel structure, and when it does, it has a impulsive move down.
The idea is that EURAUD will drop considering the pattern it has had in the past!
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.