Optimum369

20 Reasons for sell EURAUD

Short
FX:EURAUD   Euro / Australian Dollar
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: prices side way or in a range from last 10 years to date
2 📆Monthly: a clean bearish trend also filled their correction
3 📅Weekly: after a weekly correction, now price grab one all liquidity as a flag pattern and forming upper side wicks candle
4 🕛Daily: a long consolidation and Wyckoff spring all major resistance at the point

😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Sideways
6: 2 Pattern Candle Chart: Wyckoff
7: 3 Volume: below average
8: 4 Momentum UNCONVENTIONAL Rsi: Sideways
9: 5 Volatility measure Bollinger bands: Head fake
10: 6 Strength ADX: sideways
11: 7 Sentiment ROC: Eur is weaker than AUD

✔️ Entry Time Frame: H4
12: Entry TF Structure: Clean bear
13: entry move: impulse
14: Support resistance base: previous Resistance Ob Base
15: FIB: triggered

☑️ final comments: sell right now
16: 💡decision: sell
17: 🚀Entry: 1.5528
18: ✋Stop losel: 1,5565
19: 🎯Take profit: 1.5381
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 5 day

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