EUR AUD UPDATE 5900 VALID TARGET BEARS AFTER BOUNCE

2019-11-07 15:49:09

HEY GUYS, SINCE PREVIOUS IDEA ON EUR AUD FAILED (WE NEVER REACHED ZONE FOR SELLING). AN UPDATE IS OVERDUE.
THIS IS BASED ON AUDUSD TRADE SETUP POSTED PREVIOUSLY.

WE GOT A VALID SEQUENCE OF LOWER HIGHS WHICH IMPLIES THAT BEARS CONTROL THIS MARKET NOW.

WAIT FOR THE BOUNCE (AUDUSD SHOULD PULLBACK OFF THE HIGHS) AND LOOK FOR AN ENTRY ON SELL SIDE.

TARGET IS 5900.

GOOD LUCK, TRADERS.

PS: I WILL UPDATE IDEA ONCE WE HAVE A BOUNCE FROM THE PRZ.