EURAUD - Ready to Short it
On Daily and weekly Timeframes, the price has arrived to the overbought zone, as I announced on my Idea published on February 26th, I said Price was going to change direction looking for a minimum of 1200 pips, and it did it for 1800 pips. Now I see the perfect pullback zone and a crown formation on short term timeframes, so, let's prepare to start selling. In my personal opinion I am waiting for the market to form highs to sell in the 1H y 4H TFs.
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.