EURAUD 30MIN SHORT
Price showing weakness at level of demand with formation of wicks to the downside. A safer trade would be to wait for a break and retest of small descending trendline.
Trade closed: stop reached
Countertrend trade taken too early before break of descending trendline. Levels of demand and supply could have been way more accurate and better.
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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.