UnknownUnicorn180388

EUR.AUD - Textbook Higher Timeframe Rejection

Short
FX:EURAUD   Euro / Australian Dollar
Currency Pair: EUR.AUD
Time Frame: Weekly, Daily, 4hr & 1hr
Predicted Direction: Short

EUR.AUD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment:
A clean pullback on the 4hr timeframe, awaiting entry confirmation on the 1hr timeframe.
Comment:
No entry presented itself, this trade opportunity is now invalid.
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