AnriErikanov
Short

high probablity to short EURAUD

FX:EURAUD   Euro Fx/Australian Dollar
46 0 0
Hi there , Today I took a trade shorting USDCAD             and decide to trade another pair wich I found an oppurtunity to short EURAUD            

EURAUD             developed a rising wedge pattern and showing RSI Divergence indicating a weakness wich highly increases the probabilty to turnover and head down.

What I see Is this pair heading straight down or for a potential head and shoulders pattern wich is also bearish wich makes this a good setup to short


No major economic events that could cause volatility and change market direction

STOP : 1.57000
TARGET : 1.52000
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