OANDA:EURAUD   Euro / Australian Dollar
Monthly:

1. Impulse
2. Brake of previous structure
3. Correction on lower timeframe

Looks bearish at this moment


Weekly:

We can see more clearly on the Weekly timeframe
the impulse, brake of structure and correction.

Looks bearish at this moment.


Daily:

Fibonacci is added from lower timeframe

1.Impulse
2.Correction
3. Engulfing Daily candle from Fibonacci level

Going to make a entry on 4h timeframe


4H:

Bearish Engulfing candles and pinbars from fibonacci levels. Good time for entry

RR 1:4




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