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VladimirRibakov
Aug 23, 2017 12:14 PM

EURAUD Sell Idea Short

Euro Fx/Australian DollarFXCM

Description

D1 - We had a trend line breakout Price now pushing above the trend line again, which most likely means we are going in a range (as long as last daily top holds)

Our idea is simple, we are looking to sell, as long as the resistance zone marked on the image below is holding the price below.

H1/H4 - Range that could be seen on H1/H4. Up move at the moment.

Divergence recreating itself again

H1 - Ideally we will see the top of the range where we can join the bears with extremely good risk-reward ratio
Following the up trend line for a breakout which might open the doors for sells.
Comments
Aqua_Trader
also keeping a short term sell bias
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