Reason Behind the Sell
1. Double the Time Bearish Engulfing In Day Candle
2. Obey the Parallel Downtrend Line
Overall Possible Outcomes
EURAUD SELL 1.6389
SL 1.6470
TP 1.6170
Here is my analysis for EURAUD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
euraud buy setup found
euraud has falling the channel for long time, now it is showing that it has broken the trendline , here is the potential for sell the market from both of side, from major and minor wave , from both side market has broken trendline now we can expect a good sell for euraud after retracement