Short

Euraud: Price getting ready for shorts

Updated

Monthly is at a strong resistance level; weekly is a head and shoulders. Technically it's still in an uptrend. I expect Euraud to drop soon.

Note

we got a PERFECT DROP on that flag. Now, if it breaks the hr trend line and tests back a recent high, and fails to break high, sells to the bottom.

Note

trade active; euroaud broke the trend line + Monthly resistance. I don't see why you can't play this to the bottom of monthly support. I have 6 entries on this pair right now

Note

trade played out PERFECT. I closed this trade. It's at a major daily support zone. I expect some pullback. I have a smaller account where I'll just swing this to the bottom of the monthly demand zone.

Note

played out perfect again, we got that pull back, hope you guys resold!

nfarah86

Also on:

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.