Euro / Australian Dollar
Short
Updated

EURAUD SHORT IDEA

80
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!!!!!!!!
Trade closed: target reached

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