Eur/Aud pressure setup
Multiple Fibonacci retracement alignments in an overbought position and the end of a harmonic move, with a strong 50 sma for protection put stop loss just above. Looking for a bearish move once volume enters the market, or as 50% SMA moves further down.
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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.