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AlkalineFX
Jun 19, 2021 2:27 PM

EURAUD - Sweeping SellersΒ Short

Euro Fx/Australian DollarFXCM

Description

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This pair looked great for sells, however, the price decided it wanted to come up to capture liquidity.

We have tackled the break and re-test stop losses and have now targetted the stop losses placed above the high.

Now that this liquidity has been wiped, we could see a strong aggressive sell-off.

I will be keeping this pair on my watchlist at the market open, If the price shows signs of bearish rejection, I will get involved in sells.
Comments
BENC-FX
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Got caught out in a sell from the top OB but this looks promisingπŸ‘πŸΌ
AlkalineFX
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@BENC-FX, Same! Let's do it again
BENC-FX
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@AlkalineFX was a hard week towards the end πŸ˜‚
mahdisoltaninjad
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A simple and beautiful analysis
AlkalineFX
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@mahdisoltaninjad, Let's do ti!
BullBearMkt
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Good Analysis. However, take a look at the weekly, it seems that's the start of another upward movt. I expect a minor pullback though
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