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TheSignalyst

EURAUD two possible scenarios

Euro / Dollar Australia (FX:EURAUD)  
TheSignalyst  
FX:EURAUD   Euro / Dollar Australia
Chart Patterns Trend Analysis Technical Indicators EURAUD SELL buy Forex trading Parallel Channel trendfollowing trend
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chartpattern trendanalysis indicator euraud sell buy forex trading parallelchannel trendfollowing trend
on H4: EURAUD is overall bearish trading inside our green channel and it is currently sitting around our upper green trendline so we will be looking for objective sell setups on lower timeframes.

on M30: we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break downward.

on H4: we are waiting for a momentum candle close above our last swing to buy.
This analysis is done using RichTL
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