Trade idea - EURAUD Short
Updated
4H
Bearish impulse: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
= Instant market execution Sell.
1.5% risk.
Bearish impulse: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
= Instant market execution Sell.
1.5% risk.
Note
MONTHLY
Double top pattern potentially in play.
Clear support & resistance zone is there.
Note
WEEKLY
Head & Shoulders pattern can be in play.
Clear support & resistance zone is there.
Note
DAILY
Bearish impulse / new LL: indication.
Bearish W pattern: confirmation.
Clear support & resistance zone is there.
Market seems to reject the 38.20 Fibonacci level.
Trade active
Active.Trade closed: stop reached
-1.5%
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