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Simply4ex

EURAUD coiling for a nice short

Short
Euro / Australian Dollar (FX:EURAUD)  
Simply4ex  
FX:EURAUD   Euro / Australian Dollar
Chart Patterns Trend Analysis
3
1
chartpattern trendanalysis
Ideal short setup for EURAUD

1. Break of double top
2. Break of Ascending Channel
3. Retest of structure and 61.8% fib extension
4. Consolidation and break of consolidation
5. Test of structural break

Now shaping up for a daily reversal ... T1: 1.5525, T2: 1.5275
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