EUR vs AUDWe might break the trendline from the looks of it.
IF we do, wait for a minor pullback and the buy.
Euraudbreakout
shorting EURAUDEURAUD broke the trend line, consolidated a bit, a small pull down, and now its trapped in a channel.
am expecting the channel to break and head down to our TP.
this is a risky trade, am opening a small position and so should you.
- Great ratio
- Broken trendline
- MACD divergence
EURAUD 1hr 1mo descending wedgeDescending wedge that I would prefer to be on the short side once it breaks that support level because it will be a sharp drop. If it bounces along that support we can expect a grind upwards.
