EURAUD Sell Idea
D1 - Price is currently below the middle of the channel, price still has room lower towards the bottom of the channel.
H4 - Double wave down, currently it looks like a retrace is happening towards the 38.2% fibo retrace zone.
H1 - Price has reached the first critical zone, bearish divergence. Until this critical zone holds we may look for bearish setups with bearish evidences in order to join the bears.
If the price moves higher then the next area to look for bearish setups with bearish evidences in order to join the bears would be the second critical zone.
H4 - Double wave down, currently it looks like a retrace is happening towards the 38.2% fibo retrace zone.
H1 - Price has reached the first critical zone, bearish divergence. Until this critical zone holds we may look for bearish setups with bearish evidences in order to join the bears.
If the price moves higher then the next area to look for bearish setups with bearish evidences in order to join the bears would be the second critical zone.
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