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NavFx
Oct 19, 2020 12:56 PM

EURAUD Price Action (very clean) Short

Euro Fx/Australian DollarFXCM

Description

EurAud has made some clean price action in this recent week. With lots of short opportunities in clear view we can look for opportunities near these areas of value. Price action works at its best, when its in key areas of value. We can look for fake outs as well as clear rejection signs near these pockets of value.

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Comments
fargoodarzi
Are you sure it wont go through the resistance
NavFx
@fargoodarzi, of course! it could and could make a fakeout and then you could look for short opportunities off any continuation flags down.
fargoodarzi
@NavFx, It broke that resistance hard. But now trend down is very slow. The bulls were much powerful
NavFx
@fargoodarzi yup! Personally never entered any positions because no opportunities were shown
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