I am a bear on this pair..
EUR/AUD DAILY SHORT
21 above 55 Market is bullish,Price is currently overbought and at monthly profit taking zone for bulls,as a bear i am eyeing fer price to make a LL and brake the 21 ema,so i can sell the LH.if not i will be eyeing on a double top for a confirmation to sell at(1.50500/1.50000)..
EUR/AUD H4 SHORT
21 above 55 Market is bullish,price is currently holding at WM3 target is WM1,bulls are eyeing on the 21 ema to make a HH,as a bear i would want to see price breaking the 21 ema to make a LL than i will sell the LH ,as shown with the blue lines..
EUR/AUD H1 SHORT
21,55 are flat market is sideways,price came off DM3 target is DM1,price created a head and shoulder pattern,therefor as a bear i am looking for a confirmation of a break out than get a LH around (1.50000)..