Hello traders it seems like EURAUD is changing directions from bullish to bearish.
here are your bearish clues :
The Price Failed to Create a higher high and instead forming a lower high. (CHoCH)
The Price broke a Major bullish trendline on weekly TF with a massive red candle.
the confirmation will be the breakout of the greenzone (support) thenwe will be able to see a nice 250+ pip move towards the downside.
here are your bearish clues :
The Price Failed to Create a higher high and instead forming a lower high. (CHoCH)
The Price broke a Major bullish trendline on weekly TF with a massive red candle.
the confirmation will be the breakout of the greenzone (support) thenwe will be able to see a nice 250+ pip move towards the downside.