EURAUD: Key Level Trade Explained
EURAUD reached a key daily resistance level .
On that, the price formed a double top formation on 1H time frame.
1.5565 - 1.557 is its neckline.
Wait for an hourly candle close below as your signal to sell.
Then open a short position aggressively or on a retest.
In case if the price closes above a yellow resistance,
the setup will be invalid.