Euro / Dollar Australien
Short

EURAUD POSSIBLE BEARS

19
Looking at this pair from the Monthly TF i noticed the we're obviously in a bearish momentum as retracement just ended, i was able to add more confluence by using my fibonacci tool from swing highs to low then i noticed the market has retested the 50% fib ratio and shifted a way convincingly.
Going down to the Weekly TF i noticed we're also in a bearish momentum as the previous Weekly candle closed strong bearish and my EMA's are in confluence with my bias i was able to plot a trendline which is more confirmation for my bearish bias.
Looking closely at the Daily TF i observed the full bearish move the Daily candles made before the accumulation in which i'll e patiently waiting for a break combined with fundamentals which will be my final confirmation to go short when the market opens also the 9 and 21 EMA's are in bias favor after my fina confirmation then i can go to the H4 TF which is the TF for my ebtry in which i'm looking to swing trade and get up to 915pips...

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