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Euro / Australian Dollar
Short

EURAUD POTENTIAL DROP

By tianmengdeng
Updated
PLAN A ( GAMBLE)
BUYING NOW, SL 1.55755
TP 1.57173
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PLAN B
PULLING TO BROKEN STRUCTURE ( NECKLINE RETESTING)
SHORT AT: 1.57323
TP1: 1.565
TP2: 1.556
TP3: 1.545

Comment
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OK, 4H inside bar broke up, making more possibility for PLAN A
Comment
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TOUCHED 1.57 BUT STILL NOT MY ENTRY.
Trade active
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A small lot in.
not my perfect entry, but i don't want to miss it. sl is the same, manage the size of lot.
Trade active
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just hit the entry. 0.618 pulling back.
Comment
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double bottom plus a 2618 pulling back
going to hit my entry
Trade active
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ENTRY HIT!
AND 4H INSIDE BAR BROKEN DOWN, WHICH IS ANOTHER GOOD REASON TO SHORT IT.
Comment
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there was the other two chances to short EURAUD.
and there would be another one when it breaks the neckline and pull back.
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nice pull back!
double top formed
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another one

2618
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another position going in. stop out all positions if price keep going up to 1.5665
Trend Analysis
tianmengdeng

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