Yahia.Awes
Short

Breakdown is finishing head

FX:EURAUD   Euro Fx/Australian Dollar
64 4 8
This pair shows strond sign of SHS             . I will wait to break down the trendline to short untill head is finished SL above previous high with 20 pips, because this is a nice downfall. Price action shows us a 4h shooting star followed by a high spin doji, i doubt of this last candle. Might also be a valid hanging man. This is a bearish sign in uptrend.
snapshot

Daily shows a nice potential hidden bearish div             is being made soon. MACD also is in a downtrend. If it falls we might get this daily cup with handle working, because it might compose a nice bullish divergence on support.
snapshot

Related Ideas

Yahia.Awes
a year ago
O EURAUD validate this pattern for me please!
snapshot
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Yahia.Awes Yahia.Awes
a year ago
I will short the spike for sure this looks like a confirmation for me.
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Yahia.Awes
a year ago
Beware of spike!
snapshot
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Yahia.Awes
a year ago
Only 2 likes for such a good idea?
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