EURAUD Short
Simple and clean setup for this trade. Price has finally broken through the support zone and now looking to go down. On higher timeframes there is a head and shoulders pattern which I have been keeping an eye on for almost a month now. Neckline is around 1.59000 but may find another opportunity to sell to that level (could bounce off trendline so TP level is at blue line.
NOTE: analysis has been simplified for leverage. All published charts are for journal entries. This is not a signal.
NOTE: analysis has been simplified for leverage. All published charts are for journal entries. This is not a signal.
Note
4H view of head and shouldersNote
1D view (bigger picture)Trade active
Trade closed: target reached
TP hit +94 pipsNote
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