EURAUD Short

Updated
Quick counter-trend attempt in EURAUD to hedge my short AUD positions as well. Shorted this pair with tight SL near last Friday's high and TP at -61.8 old fib level (but most likely will move my SL or manually close if price indeed drops as expected then suddenly start to show reversal at 0 fib level (yellow marker).

Daily:
snapshot

Weekly:
snapshot

Confidence: C (because of current strong bullish candle movements esp on higher time-frame charts)

Trade closed: stop reached
Most likely will short this pair again soon to ride current M chart pattern.
audChart Patternscounter-trendcountertrendEUREURAUDhighriskshortTrend Analysis

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