EUR/AUD: Short entry triggered

By SwissPips
Updated
I entered short this trade a couple of minutes ago.

Volumes suggest we are having a pullback and the structure looks for the moment to be parallel.

I will monitor the position in case it goes against me.

*** Trade at your own risk ***
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I am lowering my target (more profits!) to 1.69500

It's the bottom of the structure + a fib level

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Since it's already late I will exit @ 1.69470 which is an area with a strong volume node. I will not look for more today with this pair.
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We are trading around the daily pivot level.

Waiting for it to break to add shorts.

Once this level is broken it should go down pretty fast

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Sell triggered @ 1.70080
Trade closed: target reached
Target reached (1.69470)
audBearish PatternsChart PatternsEURIchimoku CloudpatternshorttrendTrend Analysis

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