EURAUD 60 min Senkou A Short
Updated
The Monthly and Daily direction is Bearish.
The market has retraced, and been rejected at the Daily Senkou A (bottom of the cloud) at 1.5841
I anticipate the market will drop back to the cloud, either the Senkou A (top) or the Senkou B (bottom)
and then rally back to retest the Senkou A at 1.5841
2 Potential entries;
First, the aggressive entry would be to place sell limit orders at the Senkou A
with a 50 pip stop
Second, wait for the confirmation of the Cloud breakout trade
The market has retraced, and been rejected at the Daily Senkou A (bottom of the cloud) at 1.5841
I anticipate the market will drop back to the cloud, either the Senkou A (top) or the Senkou B (bottom)
and then rally back to retest the Senkou A at 1.5841
2 Potential entries;
First, the aggressive entry would be to place sell limit orders at the Senkou A
with a 50 pip stop
Second, wait for the confirmation of the Cloud breakout trade
Trade active
This trade is now active with an entry at 1.5841Trade closed: stop reached
:(
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