EURAUD, Failed breakout, Short the Double top
Price action is shaping up for a bearish run as price was unable to continue the momentum and fell short of a double top level on the HTF. Looking at the lower time frames we can see a potential H&S printing retesting the March high indication more bearish price action is likely.
Look for a short to the lower trendline.
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Trade Safe
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Look for a short to the lower trendline.
Thanks
Trade Safe
** If you felt this idea was helpful in any way, hit the LIKE button and FOLLOW me for more analysis and educational ideas **
Comment below and and share your opinion on this set up
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