Short in EURAUD
"I have entered a short position on EUR/AUD as both a bearish harmonic pattern and a supply zone have been identified. After conducting a thorough analysis, I have observed the formation of a bearish harmonic pattern, indicating a high probability of a downward price movement. Additionally, the price has reached a significant supply zone, suggesting increased selling pressure. By taking a short position, my objective is to capitalize on the potential price decrease and maximize my trading profits. I will closely monitor the price action, market sentiment, and relevant economic factors to effectively manage my position and make necessary adjustments as the trade progresses. As always, risk management remains a crucial aspect of my trading strategy to protect my capital and achieve optimal returns."
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