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NickofJupiter

EURAUD Bearish Analysis

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Euro / Dolar Australia (FX:EURAUD)  
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FX:EURAUD   Euro / Dolar Australia
EURAUD Bearish Patterns analysist SELL priceaction Fibonacci Elliott Wave resisance Double Top Moving Average Convergence / Divergence (MACD)
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euraud bearish analysist sell priceaction fibonacci elliottwaves resisance doubletop macd
I am selling this stop with a stop above the 1.4800 level
Looks to be a wedge peaking out at a resistance zone with some MACD divergence
The MACD seems to indicate that there was not as much strength in this recent up swing and perhaps bulls are losing momentum.
Could form a double top and perhaps a cup and handle price pattern.
If we reverse here this could be the correction wave after the big impulse 5 wave count
Komen:
stopped out
Discord/Indicators:
launchpass.com/jupiter/babylonians
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