EURAUD, 4hr tf, sell on strong resistance
Price currently on a nice resistance area. We might see some bounce from this resistance to complete this sideways correction.
We might see 1 more downwards movement before price continue going up again.
I will try selling EURAUD from this point.
Sell EURAUD 1.5600
Stop loss 1.5680
Take profit 1.5280 (4R)
Use only 1-2% risk
Good luck
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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.