EURAUD 2HShort

Fondamentally , the australian dollar should lose value because of the the last night cut of the RBA. But , in fact, the RBA ade what we call a "hawkish cut" by cutting interest rate like it was predicted by the STIR Markets , but in their statement, the RBA , didn't spoke about futures cut because the inflation rest somehow elevated although it's coming closer to their target.
By the other hand, the BCE is holding a dovish speech. Rcently in the end of january, Lagarde statement after the Interest rate cuts, symbolised a dovish position hold by the ECB. The economy isn't good in the eurozone, especially in Germany and France. Polititcal tensions through manifestions in Berlin doesn't help it so much. Also the fact that the US and Russia are holding negociations for the War in Ukraine, and it's seem like the Euro zone countries aren't invited at the table. But keep in mind that if the war in ukraine is over, this might give the euro what it's need to regain trust in the foreign capital.
So fundamentally , at medium term its' seem that the pair is gowing down. I have my directions.

Now to execute: technically in the Daily TF we can see a rising triangle that is about to be broken, led by a beautiful Double Top.
In the 4H TF, we can see a second Double top on the resistance at 1.66400and a long wick, indicating a potentiel reversal to the downside. Also, the SMA 50 that has been acting as a support since a long time, has been broken to the downside.
At the 2H, i decide to put a sell stop a the break of the big TL on the Daly TF.
My SL is behind the HH and behind that double top at 1.66400.
My TP is a the bottom of the rising triangle on the Daily TF.
MY RR = 3.42R and i'm taking a reduced risk because of the volatility that the market is knowing since Trump has taken power.