Hello Traders, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EUR/AUD OVERALL BEARISH! 📚
👉As we can see price is trading inside this falling channel, making clean lower lows and lower highs as well.
👉Moreover, as the price is approaching a massive zone around our falling trendline, where we will be looking for new bearish movements as a trend-following one.
And as price my trading plan, i will be zooming into lower time frame, looking for new bearish reversal pattern like double top or trendline break etc.
Unless price managed to break above our trendline, then a movement higher would be expected. 📚
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EUR/AUD OVERALL BEARISH! 📚
👉As we can see price is trading inside this falling channel, making clean lower lows and lower highs as well.
👉Moreover, as the price is approaching a massive zone around our falling trendline, where we will be looking for new bearish movements as a trend-following one.
And as price my trading plan, i will be zooming into lower time frame, looking for new bearish reversal pattern like double top or trendline break etc.
Unless price managed to break above our trendline, then a movement higher would be expected. 📚
And as usual follow your trading plan and manage your risk.
Be patient and good luck!