EUR/AUD: MASSIVE TRADE IN PLAY (Bearish)

Hey guys,

The pair is showing a nice divergence on H4 and is about to close below EMA55.

Should it close below (AND ONLY IF IT DOES WITH A BEARISH CANDLE AT LEAST THE SAME SIZE AS THE LAST TWO CANDLES) I will initiative a short position until the support zone as shown in my chart. This zone is a confluence area of a trend line as well.

Any like/comment is highly appreciated.

Check out my other ideas as well.

Trade with care.

Best,

Jesse