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Millennial_Trading
Nov 13, 2017 10:39 AM

EURAUD SHORT Short

Euro Fx/Australian DollarFXCM

Description

I'm expecting this pair to drop soon. Currently done a slight retrace to the 618 on the 1hr chart & it is also in a nice fib zone from the higher time frame. We might see one more slight push up before a drop , either way, wait for a nice momentum candle down before entering. Once it breaks the trend line then this would also be a good place to enter.
Indicators supporting the trade as always so hopefully the drop comes pretty soooooon. Good luck :)

Comment

Finally showing momentum to the downside.
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