EURAUD short Swing
Updated
Market transitions from uptrend after we see counter trendline break and break of structure to the downside.
the head and shoulder that was broke didnt get a proper retest and now we are seeing a proper retest of it.
all this is in confluence with SnR zone and a channel, all this forms a good confluence.
1.64 is a good point for sellers to push the market.
If market can take out 1.6 and 1.589 then our target will now 1.53
the head and shoulder that was broke didnt get a proper retest and now we are seeing a proper retest of it.
all this is in confluence with SnR zone and a channel, all this forms a good confluence.
1.64 is a good point for sellers to push the market.
If market can take out 1.6 and 1.589 then our target will now 1.53
Order cancelled
market approaches the area of confluence with son much bullish momentum which invalidate the trade. was expecting the buying pressure to reduce as it approaches but it seems the buyers are not ready to throw in the towel
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