hope.bleecker

Potential Shooting Star at the 127 Fib!

Short
FX:EURAUD   Euro / Australian Dollar
I'm in already because I do presets at the 127 so I'm on from 160.65. You might let this day close and trade the sell retracement on a counter trendline break back into 15920 area. This looks like it's transitioning to a bull crown on the daily but it needs a retracement. EA typically runs with the dollar so it's no surprise to me.. Nonetheless, I like the resistance for the sell action. Take care.

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