EURAUD Short-Term short Idea

EURAUD Short-Term short Idea

waiting for a momentum break below 1.630 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Channel (in blue)
3- Rejection zone and two rejection candle from Daily timeframe
4- Double Top pattern in purple

Four confluences are enough to consider shorting EURAUD, after a break below 1.630 (in black)