Euro / Australian Dollar
Short

EURAUD H4 - Short Setup

102
EURAUD H4

We've broken support here at the start of the week and already offered a retest.

Another potential wick retest could be great, effectively offering a us a maximal short entry with a lucrative RR of 1:6. Need to make sure we don't close and set a new HH though.

Shorting down to support potentially, and then buying back up to the zone we could potentially short from.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.