ElPatron.Y

Breakdown is finishing head

Short
FX:EURAUD   Euro / Australian Dollar
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.

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.

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