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EURAUD 2H Short Retrace

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Euro / Dolar Australia (FX:EURAUD)  
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FX:EURAUD   Euro / Dolar Australia
Trend Analysis Chart Patterns Beyond Technical Analysis 50sma retrace EUR EURAUD euraudshort Forex forextrading
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trendanalysis chartpattern beyondta 50sma retrace eur euraud euraudshort forex forextrading
Price may not create a new high
Price has been stretched away from 50 sma for awhile
Sell Stop @ 1.5655
Target Price @ 1.5575
Komen:
Komen:
Price on 15m is hit sell stop. Watch a 5m chart for a break-hook-go confirmation or to see if B-H-G failed and price moved back above support level. That could indicate bearish timing was wrong or consolidation is coming.
snapshot
Komen:
Current 15m Break-Hook-Go developing for entry point on short trade
snapshot
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