Potential short trade – EURUSD, GBPUSD and AUDUSD

[Pip Hunter]

I am now looking for potential short trades on daily and 4 hour time frames for EURUSD, GBPUSD and AUDUSD…

Chances are if one rejects their current resistance levels, then they all will.

As with all other price action trades, the levels marked on charts below are higher time frame charts where I look for my key support and resistance levels.

I then move to smaller time frames to see what price action we get – in this case looking for solid bearish price action to find quality trades.

EURUSD 4 hr chart

 

GBPUSD daily chart

 

AUDUSD daily chart

[Pip Hunter]

Hey traders,

just an update to a couple of these trades… they have moved into resistance and sold off lower as we were looking for.

Hope you are now making some solid profits and price can move back into their support levels for good profit.

 

EURUSD 4 Hour Chart

 

GBPUSD Daily Chart

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