Get started
Mirandole

EURAUD : Bearish View

Short
Euro / Australian Dollar (FX_IDC:EURAUD)  
Mirandole  
FX_IDC:EURAUD   Euro / Australian Dollar
EURAUD EUR aud downtrend bounce 0.618 Fibonacci short Bearish Patterns Relative Strength Index (RSI) Divergence A
3
4
euraud eur aud downtrend bounce 0.618 fibonacci short bearish relativestrengthindex divergence a
Hi everybody !

Today, I propose you this nice 8.9 Risk/Reward ratio on EURAUD.The pair has bounced below the downtrend resistance and 0.618 Fibonacci level. Moreover we have a bearish divergence on RSI. Bulls may take their profit at this level and the EURAUD downtrend might continue.

Trade setup is on the chart.

Best Regards,
Serge

Related Ideas

dionvuletich
EURAUD Daily Bearish Bat Pattern
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.