EURAUD short move

٤ فبراير ٢٠٢٣

EA is in a descending channel and it has reached the ceiling of it, also a zone of S/R.
30m range/wedge/pennant or wicks at this level will be signal for shorts.

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تم فتح الصفقة

Okey guys, I shorted EA, because there is a nice 4H rejection candle and 1H bearish engulfing candle at the top.
I will update if something happens

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تم إغلاق الصفقة يدويًا

Just to tell you that I've closed the short position on 3.5 RR cuz I expected to reverse after seeing these two candles ( shown on the chart below) and the minor ATL.
For now I will observe the PA and if I see a breakout or a nice rejection of a major level, i'll post it.