EURAUD Pullback Sell Signal
Updated
EURAUD rallied to the topside very fast breaking out of the consolidation range. With every large rally there is always a pull back to its origin. Expecting price to pull back to the 4hr up trend line then the support (past resistance).
Strong sell RSI with bear candlesticks giving us a good indication of a strong reversal.
Good sell entry @ 1.6724 area down to 1.6650 & 1.6600 area.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Strong sell RSI with bear candlesticks giving us a good indication of a strong reversal.
Good sell entry @ 1.6724 area down to 1.6650 & 1.6600 area.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Note
Price retraced north and back down to break up trend line targeting support level as expected.
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