Yemi_Fx1

Yemi_Fx1 | Sell For EURAUD Before the major bull move

Short
OANDA:EURAUD   Euro / Dollar Australien
The long-term view (eagle view) of EURAUD is bullish, but in between we can see a bear setup based on the 1HTF.

A preceding impulsive move of a bearish continuation pattern (Flag). Patiently waiting for this pattern to build up.

The short-term flag pattern suggests a potential downside move within the larger bullish trend.

We may see a rejection of price at the lower dynamic trendline, then next tou retest the upper zone before it sell off.

If you found this helpful please support your fellow trader with a like
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.