EURAUD - FakeOut + Potential Bearish Breakout
Taking a look at the 4 hour timeframe, price action attempted to break and hold above the high timeframe resistance. However following the 4H rejection candle, prices began to drop towards the ascending support.
Question now is.. will this ascending support break and hold. ATR and RSI are both giving us early clues that it will.
Trade Safe
Question now is.. will this ascending support break and hold. ATR and RSI are both giving us early clues that it will.
Trade Safe
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