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AbdorhmanThi
Aug 5, 2017 8:22 AM

EURAUD: Short Trend Reversal Short

Euro Fx/Australian DollarFXCM

Description

After a massive gain on the Euro pair, we finally saw some relief on it. Next thing to do, since the drop on all Euros were heavy, we can see it as a trend reversal. Look for a retracement to sell. A double top formed on Friday and looking for entry at 61.8 pull back coming into next week, will be a smart move in my opinion. Remember to trade your own plan. This is just my idea I am sharing.

Trade with care.
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