EURAUD two possible scenarios

on H4: EURAUD is overall bearish trading inside our green channel and it is currently sitting around our upper green trendline so we will be looking for objective sell setups on lower timeframes.

on M30: we are waiting for a new swing to form around our lower red trendline to consider it objective and enter on its break downward.

on H4: we are waiting for a momentum candle close above our last swing to buy.