EUR/AUD: MASSIVE TRADE IN PLAY (Bearish)
Hey guys,
The pair is showing a nice divergence on H4 and is about to close below EMA55.
Should it close below (AND ONLY IF IT DOES WITH A BEARISH CANDLE AT LEAST THE SAME SIZE AS THE LAST TWO CANDLES) I will initiative a short position until the support zone as shown in my chart. This zone is a confluence area of a trend line as well.
Any like/comment is highly appreciated.
Check out my other ideas as well.
Trade with care.
Best,
Jesse
The pair is showing a nice divergence on H4 and is about to close below EMA55.
Should it close below (AND ONLY IF IT DOES WITH A BEARISH CANDLE AT LEAST THE SAME SIZE AS THE LAST TWO CANDLES) I will initiative a short position until the support zone as shown in my chart. This zone is a confluence area of a trend line as well.
Any like/comment is highly appreciated.
Check out my other ideas as well.
Trade with care.
Best,
Jesse
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