TheTradersAvenue

EURAUD > Possible Short Entry at Supply Zone

Short
FX:EURAUD   Euro / Australian Dollar
Analysis of #EURUSD

Hi traders, today we will have a look at #EURAUD


looking at the chat you can see we have two zones, a supply zone and a demand zone, right now the market tested the supply zone and showed a bearish reaction

which is something I was waiting for, but unfortunately the market extend lower, right now I am waiting for a confirmation retest in the zone double top and the reason to enter short

I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one

Thanks for your continued support!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.