ZFelds

EURAUD - Sniping Entries Based on 3 Simple Indicators

Short
FX:EURAUD   Euro / Dollaro australiano
As the title says, this confluence was so obvious it was almost slapping us in the face. We have price action losing control of the Red H4 10 SMA, with a cross to the downside on the Stochastic, along with a downward cross on the RSI + EMA.

This set up a significant downward move which very well have more to go if the bulls can’t establish a support area.

My entries and take profits are listed on the chart.

Much love

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