歐元/澳元
Short

EURAUD: Counter-Trend Trade

77
Not my conventional signal as this one is looking to trade in the opposite of the trend.

Daily Timeframe:
  • EMA20 is barely below EMA60 > downside momentum might pick up
  • Price is barely crossing below EMA20 > another indication of downside momentum
  • Price crossed below ATL, pulled back, and now seems to be continuing lower


H1 Timeframe:
  • Price crosses below ATL > first indication of uptrend failing to continue
  • Note that EMA20 is above EMA60 still > there is a risk that this will trap sellers

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