EURAUD [4hr, Short]: Trend Continuation
Updated
Price is in a downtrend and broke support. Respects the 20MA (strong trend) and has not closed above the previous daily candle high.
Entry: I missed the move last week so I'm placing a limit order on the break of the bearish flag pattern as I would have if I entered the trade originally
SL: 1 ATR above the structure high at 1.566
Exit: I will trail my SL and exit manually when the candle closes above the previous daily candle high
Entry: I missed the move last week so I'm placing a limit order on the break of the bearish flag pattern as I would have if I entered the trade originally
SL: 1 ATR above the structure high at 1.566
Exit: I will trail my SL and exit manually when the candle closes above the previous daily candle high
Trade closed manually
Price closed above previous candle high. Profit of 0.2R
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