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EURAUD: Bearish Accumulation (Trading Plan)



⚠️EURAUD is trading within a descending triangle formation on 4H.

With a sequence of lower highs and equal lows, the pair is preparing for an important breakout attempt.


1.6045 - 1.6065 is strong horizontal support.

In case of a bearish breakout of that (4H candle close below), chances will be high that new selling wave will start.


Goals will be:

1.60

1.5975

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