WK22, EURAUD, Short idea, Descending triangle
4H analysis:
Price has made a new low at a key level of support and still respecting the descending triangle formation
IF price continues with bearish momentum THEN retests the support zone and shows a rejection candle then a short trade me be active.
Price has made a new low at a key level of support and still respecting the descending triangle formation
IF price continues with bearish momentum THEN retests the support zone and shows a rejection candle then a short trade me be active.
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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.