darbova

EURAUD H&S Pattern Forming (Short Setup)

Short
OANDA:EURAUD   Euro / Dollar Australien
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Colour key: Pink = weekly, Grey = daily
I've marked out some supply and demand zones as well as some key support and resistance levels from the weekly and daily timeframe. I've also identified a bullish channel which will offer confirmation for a bearish reversal once it is broken.
I'll be entering with low risk due to the abundance of fundamentals being released this week.
Updates to follow, follow me to see them.
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