EUR/AUD 500+ Pip Sell Opportunity
We see that EUR/AUD is touching the trend line on the daily chart, but that's not enough for me to sell just yet. So, I'm waiting for this daily candle to close with a wick touching the trend line, then once I see the daily candle close BEARISH Below the (red) counter trend line then I'll start looking for sell opportunities on the one hour chart for a better R:R. Stop Loss will go 10 pips above previous high as always, and my Take Profit will be 1.42560 so around a 600 pip profit opportunity. Will most likely enter in the market next week. Follow The Rules & Happy Trading! :)
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