AmarPearson

EURAUD// Short Opportunity

FOREXCOM:EURAUD   Euro / Australian Dollar
Reasons Not to Enter:
1. Strong bull momentum
2. No clear signs of reversal
3. Still expecting News
4. May be too easy of a trade, possible spike/breakout
5. Decent Support on the Weekly TF.
6. Pierced BB on Weekly.

There will be a possible short opportunity if price can satisfy the needs listed on the chart.

Let me know your thoughts.

Comments

keep it up dear Amar
+1 Reply
AmarPearson TheSignalyst
@TheSignalyst, Always!
Reply
Interesting chart
Reply
AmarPearson Henry_Ross
@Henry_Ross, Thank you Henry, I appreciate the feedback!
Reply
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