Short at top of range, two pinbars as signal. Bearish on both currencies, but this set up relies on EUR bears overpowering AUD bears.
Trade closed manually
Closed trade manually, got scared when pair started moving against me. Looking at how price eventualy developed, the value of a wide stop is very apparent.
Note
Second short opportunity can be seen at 1.64 when a double-top formed.
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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.