Ochin_FX

euraud short trade idea

Short
OANDA:EURAUD   Euro / Australian Dollar
Hello Traders,

In order to see downtrend continuation appear, I would wait for the price to test the zones as the last attempt for evidence that the buyer is off and the recent minor resistance is solid.

Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.

***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.

Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.


Thank you for your support!

Comments

It's retesting the resistance level. good luck.
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Hi are on idea short for now or yr biased change
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Ochin_FX Owlshadow
@Owlshadow, Hi. Currently, we could see that the price may form a double top at 1.65500 region level.. Please wait for clear structure development prior to pick up these trade plan ideas.
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