EURAUD - Short term sell idea off the back of our buy
So, if you look back at our previous buy position you'll see we made a nice trade off this pair. We are now approaching this nice level on the 4hr time frame where we can see a clear level of respected structure.
When we reach this structure we can see the pair starting to make a pull back down and then we should see a break of this little 1hr bullish trendline, from that we will look at getting into a short term sell position and trade the pair back down.
Let's see what happens tonight
When we reach this structure we can see the pair starting to make a pull back down and then we should see a break of this little 1hr bullish trendline, from that we will look at getting into a short term sell position and trade the pair back down.
Let's see what happens tonight
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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.