EURAUD Big Sell opportunity

The EURAUD pair had a very strong August 26 - October 14 rally and since then it has been on a short-term Channel Down (Lower Highs/ Lower Lows). This volatility/ consolidation has been a distinct characteristic of both previous tops (Lower Highs) within the long-term Bearish Megaphone pattern that in June 2020.

A break below the 4H MA50 (blue trend-line) would be a break-out sell signal targeting the Higher Lows trend-line (dashed line), which was hit in both previous sequences.



-------------------------------------------------------------------------------

** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **

-------------------------------------------------------------------------------

You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁

-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇