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Mashariki20
Jul 17, 2020 8:27 PM

EURAUD 07/17/2020 Short

Euro Fx/Australian DollarFXCM

Description

EURAUD failed to break the structure high and showed bearish momentum.

Price appears to be retesting that blue intraday high and holding above the grey mid-level.

If the market can form a double top on the blue intraday high, or break and stay below the mid-level then I can start looking for shorts.

Will wait for structure to form on the 15 min chart then look for my entry on the 5 min chart.


Cheers.
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