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jojofang0901
Nov 15, 2021 12:01 AM

EURAUD Continuation Bearish Price Action Short

EUR/AUDOANDA

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EURAUD Continuation Bearish Price Action

Hello everyone:

We can see from the my previous analysis at the top of the Head and Shoulder, strong bearish impulse phase move the price down accordingly.

After price has break the previous low, we see a descending channel and price was temporary reverse up correctively.

However, the latest development here shows a lower time frame ascending channel after the move up,
good signs of further bearish development aligning with the higher time frames.

Be on the look out for bearish continuation on the lower time frame, and look for sell entries down to previous lows.

Thank you

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got out for +1% profit
Comments
UnknownUnicorn6724248
Ill keep an eye out for this!! thanks!
jojofang0901
@CoconutTrader0914 your welcome 🙏
jalalmaroufi2020400
@CoconutTrader0914, yes
ForexTrendline
Nicely done mate!
jojofang0901
@ForexTrendline, thank yu
Jess3450
Good job, lad
jojofang0901
@Hamo1, thx
jalalmaroufi2020400
that's great tnx
jojofang0901
MonoCoinSignal
Nice work mate
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