- Cypher Pattern Completion on EURAUD
- 4H Close = Doji
- Bounce off 200 EMA on Daily
- SL above Previous Structure/Resistance in RED
- AUD News incoming so Trade Carefully
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Short Term GOLD SHORT
- Top Down Analysis for S & R levels
- Key Resistance Levels, Now Support are @ the 23.6 and 61.8 RETRACE
- Bearish Black Swan, after break
- Oversold indication
- Still overall long-term trend is a LONG
Possible continuation of downtrend if price pushes through previous structure for another wave down.
However, Bullish Black Swan in the channel. Price is currently trading in previous structure and break of trendline and some serious pips up.
Let's see what unfolds.