(4h, $EURAUD)

the general price movements is in an ascending-channel after price confirm the support/resistance-levels. last Friday the price has reached to the Demand-area of the Mini-ascending-channel while it's keep making LL/LH, the deal now is to wait for the next bounce by breaking above the Demand-area and start making Higher highs/higher lows in order to confirm it's direction, the current state of the price is Oversold with high selling pressure with no confirmation of reversal yet.

⏰ Set Alert at (1.616) level in order to catch the next Long movements after breakout & getting all the Confirmations.