TheRavensForex

EURAUD Weekly Sell - bearish trend continues, 4hr pinbar

Short
FX:EURAUD   Euro / Australian Dollar
EURAUD has been on a sustained bearish trend, and recent price action indicates that this trend may continue. A 4-hour pinbar was recently formed, signaling a rejection of price movement back into the consolidation zone. Furthermore, there is an attempt to break the small trendline, which could potentially lead to a significant drop once the next 4-hour bearish pinbar is confirmed.
Trade closed manually:
Closed at the entry -0%

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