Get started
Euro / Australian Dollar
Short

EURAUD looks a SELL

By theforexportal
Updated
EUR/AUD looks like its falling off a cliff. My indicators are telling me there's more downside to come. I'm in at 1.7432 with a STOP at 1.7798 and a TAKE PROFIT at 1.6557. I expect some big swings so a large STOP is necessary but I expect this trade to make progress quite quickly and I can get a B/E STOP before too long.
Trade active
Thus trade is currently +148 with a 48 pip STOP. Not sure why I have a LONG graphic on my chart - ignore that. Target is s1 Pivot at 1.6557 for a nice +870 pips
Trade closed: target reached
249 pips locked in on this trade - with more to come - 1.6909 WS1 Pivot next level to look at
Chart PatternsEURAUDeuraudanalysiseuraudselleuraudsellsetupeuraudsellsignaleuraudshortTechnical IndicatorsTrend Analysis
theforexportal

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.