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Akil_Stokes

EURAUD - 2618 trading opportunity

Short
Euro / Australian Dollar (FX:EURAUD)  
Akil_Stokes Wizard Updated   
FX:EURAUD   Euro / Australian Dollar
Support and Resistance Supply and Demand Fibonacci 2618 Trade Double Top structure reversal
55
15
supportandresistance supplyanddemand fibonacci 2618tradesetup doubletop structure reversal
This is a very interesting chart because it encompasses a battle between the two strongest currency pairs as of late. After putting in a rotation on the higher timeframe the EURAUD has retraced back into a powerful level of structure resistance and has created a double top. The double top has proven to hold and price is now offering a second opportunity to get short in the form of a 2618 trade setup.

Akil
Now Back to The Open Championship
Comment:
I'll be doing a follow up post & video on this pair later this evening
"The Trading Coach Podcast" - Available on your favorite podcasting app!
anchor.fm/thetradingcoachpodcast

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