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VladimirRibakov

EURAUD Sell Idea

Short
Euro / Australian Dollar (FX_IDC:EURAUD)  
VladimirRibakov  
FX_IDC:EURAUD   Euro / Australian Dollar
Trend Analysis EURAUD SELL falsebreak bearishdivergence pullbacks magnetzone
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trendanalysis euraud sell falsebreak bearishdivergence pullbacks magnetzone
W1 - Price is currently near the top of the range, price has also reached the magnet zone and also a bearish divergence has formed.

D1 - Two potential false breaks and bearish divergence.

H1 - We may now look for pullbacks and then sells.

Invalidation: If the price moves higher and breaks above the last high then this setup is invalidated.
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