VasilyTrader

EURAUD: Your Trading Plan 🇪🇺 🇦🇺

Short
OANDA:EURAUD   Euro / Australian Dollar

EURAUD is testing a horizontal key level.
The price formed a double top on that on 4h time frame.

To short with a confirmation, wait for a bearish breakout of its neckline.
A 4h candle close below 1.6457 will confirm the violation.

A bearish continuation will be expected to 1.6415 / 1.6375 levels then.

Alternatively, if a price sets a new higher high higher close on 4H, the setup will become invalid.

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