The long-term view (eagle view) of EURAUD is bullish, but in between we can see a bear setup based on the 1HTF.
A preceding impulsive move of a bearish continuation pattern (Flag). Patiently waiting for this pattern to build up.
The short-term flag pattern suggests a potential downside move within the larger bullish trend.
We may see a rejection of price at the lower dynamic trendline, then next tou retest the upper zone before it sell off.
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A preceding impulsive move of a bearish continuation pattern (Flag). Patiently waiting for this pattern to build up.
The short-term flag pattern suggests a potential downside move within the larger bullish trend.
We may see a rejection of price at the lower dynamic trendline, then next tou retest the upper zone before it sell off.
If you found this helpful please support your fellow trader with a like