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EUR/AUD: MASSIVE TRADE IN PLAY (Bearish)

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Euro / Dólar Australiano (FX:EURAUD)  
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FX:EURAUD   Euro / Dólar Australiano
Trend Analysis Chart Patterns EURAUD EUR aud Bearish Patterns short Forex fx SELL
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trendanalysis chartpattern euraud eur aud bearish short forex fx sell
Hey guys,

The pair is showing a nice divergence on H4 and is about to close below EMA55.

Should it close below (AND ONLY IF IT DOES WITH A BEARISH CANDLE AT LEAST THE SAME SIZE AS THE LAST TWO CANDLES) I will initiative a short position until the support zone as shown in my chart. This zone is a confluence area of a trend line as well.

Any like/comment is highly appreciated.

Check out my other ideas as well.

Trade with care.

Best,

Jesse

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