Wonour

EURAUD breakout possiblity

Short
FX:EURAUD   Euro / Australian Dollar
Im already short on this pair but looking at other areas to watch

'IF' the current candle closes below the orange line a valid double top could form and if we see a candle close below the pink line further downside.

Now we are in/close to the oversold area on several of the time frames.

All in my opinion of course

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.