EURAUD Short
We are currently waiting for EURAUD price to retrace back to 1.66362 where we expect to see price struggling to maintain upward momentum past our 0.618% extension. If we do see price action slow, we will make our short entries from 1.66236 and place one TP at 1.64521 (200 Pips).
NOTE OF INVALIDATION:
If hourly candle continues above retest zone and closes above 1.66437 the whole setup will become invalid and you can take the trade off your watch list.
NOTE OF INVALIDATION:
If hourly candle continues above retest zone and closes above 1.66437 the whole setup will become invalid and you can take the trade off your watch list.
Trade closed: target reached
TRADE IN PROFIT!
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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.