Here i have EURAUD sells marked out. You will see that on the daily there was a previous high that has recently been spiked through grabbing liquidity from SL that traders had placed there. The daily candle did not close above so didnt show strong bullish momentum. The previous high then got tested and rejected and dropped back below what i have marked as "former temp high" This is important as if you look at the daily you will see this high was made and then price broke out and closed above but was quickly snapped back below showing its importance. we are now rejecting that area muliple times on the 4hr time frame which is significant but also the Daily candle broke the previous days low. I expect EUR to drop over all due to fundamental reasons as well as technical so would not like to see the high of thursdays candle get broken due to my SL. Any questions DROP ME A MESSAGE good luck.