Nice short on Eur Aud 4 hour
Updated
1.Trend in play ? Yes we can see from the open EMA ribbon we have gauged bearish trend
2. Entry ? We have a nice engulfing bear as entry with clean prior PA
3.SL - 15979 above prior price structure, no prior swing high
4. TP - 15678 we could have more monthly S2 pivot level at 15625
5.RR At least 2.0
6. Support factors - Break of prior longer term price structure this has now retested and offered entry in confirmed bear trend
7. Rating 7/10
Dream PIPs!.......
2. Entry ? We have a nice engulfing bear as entry with clean prior PA
3.SL - 15979 above prior price structure, no prior swing high
4. TP - 15678 we could have more monthly S2 pivot level at 15625
5.RR At least 2.0
6. Support factors - Break of prior longer term price structure this has now retested and offered entry in confirmed bear trend
7. Rating 7/10
Dream PIPs!.......
Trade active
Price Action : Bearish movement observed as expected however its not quite ready to tank, some bullish counter trend range period has been observed on the lower time frames, this is normal we are still waiting for the move.Trade currently in profit and I advise to hold
Dream Pips
Trade active
Good performance on Friday, Continued bear movement as expected, This trade is driven from the daily chart, nice clean break of range structure and entry was on the 4 hour... Target level may change as new pivots will be calculated On Monday. Still its a strong hold Dream pips
Trade active
Nice Gap down on the open.. lets see how this unfolds SL will soon be set to break even if observed PA continues to move as expected Dream pips...
Trade active
Another strong day bearish price action, Currently forming flag, nearly at TP, SL could be moved to BE, In addition TP could be changed to 15600 as new pivot S1 level on offer, we need the last push now to hit original TP Dream pips...
Trade active
Final push down :)Dream pips
Trade active
Currently attempting to break down to new low, if it does it will reach TP soon. Dream pips
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.