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simonvandesande

270 PIP SETUP FOR EURAUD

Short
Euro / Australian Dollar (FX:EURAUD)  
simonvandesande  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators
2
1
trendanalysis chartpattern indicator
This 270 pip short setup for EURAUD is based on a few confluences:
- High RSI on 4H timeframe
- Retracement to 20 EMA and 1.4650 resistance zone
- Moving averages showing overall downward trend on 4H timeframe
- H&S formation on daily timeframe

Please let me know your thoughts in the comments!
snapshot
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