EURAUD failed to break the structure high and showed bearish momentum.
Price appears to be retesting that blue intraday high and holding above the grey mid-level.
If the market can form a double top on the blue intraday high, or break and stay below the mid-level then I can start looking for shorts.
Will wait for structure to form on the 15 min chart then look for my entry on the 5 min chart.
Cheers.
Price appears to be retesting that blue intraday high and holding above the grey mid-level.
If the market can form a double top on the blue intraday high, or break and stay below the mid-level then I can start looking for shorts.
Will wait for structure to form on the 15 min chart then look for my entry on the 5 min chart.
Cheers.