DavoodWadi
Short

Double Top in EURAUD Ending the C Wave

FX:EURAUD   Euro / Australian Dollar
EURAUD             has been falling last weeks in its 5th wave down-move and after resting for some time it tried to get to the 38.2 retracement of the previous down swing but failed.

Marking this failed attempt as the Wave "a", it went down a little bit to summon all its power for a second attempt to get higher but as you can see a nice pin-bar has formed, showing its inability to make a new high and setting up a nice double top with bearish divergence to get short.
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