A Sell-Short Setup EUR AUD
https://www.tradingview.com/x/cCSvZYa5/
This is currently retracing on Fib levels.
Price recently broke a very key trend line.
It is also a Head N Shoulders pattern on 60m.
Idea for educational purposes is to Short 1.6458 - 1.6468
Stop Loss: 165.05
This is currently retracing on Fib levels.
Price recently broke a very key trend line.
It is also a Head N Shoulders pattern on 60m.
Idea for educational purposes is to Short 1.6458 - 1.6468
Stop Loss: 165.05
Trade active
Short sell EUR AUD from 1.6458 to 1.6468
SL: 165.05
TP: to be announced,.
Note
EUR AUD is already in a downtrend on the 15m chart so the trade has the momentum to TAKE PROFIT @ 1.6360Note
My bad....these pattern don't normally retrace on fib levels.
Sell at current levels 164.40-164.50
Better SL is 1.6481
TP 1.6360
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.