Possible sell setup for EURAUD
- Price has been in a sell since March 2020
- Price rejected my daily sell resistance trendline
- After price rejected my resistance trend line it broke out of my 4hr buy support and pulled back to retest the resistance zone I have highlighted
- Price is retesting the 4hr resistance zone a second time and I think this would be a good time to enter a sell
- My target is the last lower low on the 4hr timeframe
- Price rejected my daily sell resistance trendline
- After price rejected my resistance trend line it broke out of my 4hr buy support and pulled back to retest the resistance zone I have highlighted
- Price is retesting the 4hr resistance zone a second time and I think this would be a good time to enter a sell
- My target is the last lower low on the 4hr timeframe
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.