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Short

Price is too far from kijun, potential short scalp in the works.

FX:EURAUD   Euro / Australian Dollar
86 1 4
Price has moved too far from Kijun, and currency is too far out of equilibrium. Waiting for price to close below tenken (green line). Watching this closely; as long as kijun doesn't rise to the occasion (blue line) this has potential. A scalp here will require close monitoring.
Scalp completed; depending on your strike rate, this was a 12 pip scalp in under 20 minutes. Currency has now gone into a tight range mode.
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