EURAUD Waiting for downside confirmation | 13 April 2020
Updated
Hey price is reaching our downside confirmation at 1.7137 which happens to be a key horizontal overlap support and near 76.4% fibonacci retracement. Trendline and EMA(34) is indicating further bearishness while short-term indicators including MACD and Parabolic Sars are showing potential bounce. I am waiting for price to break below my entry to trigger bigger drop.
entry 1.7137
sl 1.7508
tp 1.65937
entry 1.7137
sl 1.7508
tp 1.65937
Trade active
hey price broke below our downside confirmation, we are in the trade now! let's have faith in it
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