EURAUD is at a good spot where we can see nice wave. I have post AUDUSD long and EURAUD short. So if you are looking to trade on these two pairs at the same time then make sure you dont trade against your own trades. We are on AUDUSD and on EURAUD . We are longer term on AUD.
Lets come to the point.
How you can trade on this chart.
1. Watch top for the price to hold and look for sharp impulse and join that impulse.
2. Let the impulse appears and get in the market after having correction.
Note: If you dont understand what to look for at the top before you jump in the sell then look at my AUDUSD setup. Just check the Link to related ideas.