EURAUD: I Smell Bears!

FX:EURAUD   Euro / Australian Dollar
Here on FX:EURAUD             is a very nice shorting opportunity. The price is entering the reversal zone which is a strong structure zone, look left for more confluence. We might see a double top and then fall down, or straight fall down. I prefer to wait the double top for more confluence, and then go short all the way down to the next structure levels: Target 1 and Target 2. Our stops go above the resistance level .
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As I said there was a double top on lower timeframe and nice move down.
+1 Reply
im with you
+1 Reply
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