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EURAUD: Update & Your Trading Plan đŸ‡ȘđŸ‡ș🇩đŸ‡ș

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Euro / Australiensisk dollar (OANDA:EURAUD)  
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OANDA:EURAUD   Euro / Australiensisk dollar
Multiple Time Frame Analysis Trend Lines Fibonacci euro australiandollar priceaction priceactionanalysis Technical Analysis trader trading
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mtfa trendline fibonacci euro australiandollar priceaction priceactionanalysis technicalanalysis trader trading
snapshot

A couple of days ago EURAUD retested a broken major trend line on a daily time frame.

Watching how the price reacted to that on intraday time frames I spotted a head & shoulders pattern on 4H time frame.
To short wisely we need to wait for a bearish breakout of 1.572 - 1.575 horizontal neckline.
Then sell the market aggressively or on a retest.

Initial target will be 1.559

In case of a new higher high higher close on 4h, the setup will be invalid.

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