EURAUD SHORT IDEA
Pair Name : EURAUD
Time Frame : 1hr
Scale Type : Large
price has broken structure to the downside on the 1 min and 5 min and is now trading at a 4hr resistance area and has had a false break above a previous 4hr high also grabbed the liquidity from Asia
reason for trade
Imbalances present to be filled
a false break above a previous 4hr high
Price trading at 4hr resistance
grabbed the liquidity from Asia
price has made a significant retracement into the 61.80 area
Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!
Time Frame : 1hr
Scale Type : Large
price has broken structure to the downside on the 1 min and 5 min and is now trading at a 4hr resistance area and has had a false break above a previous 4hr high also grabbed the liquidity from Asia
reason for trade
Imbalances present to be filled
a false break above a previous 4hr high
Price trading at 4hr resistance
grabbed the liquidity from Asia
price has made a significant retracement into the 61.80 area
Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!
Trade closed: target reached
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