EURAUD, daily tf, inside bar breakout to the downside

We see an inside bar pattern on the daily chart and price pretty much break below the candle.
It also closed below EMA-21 and we might see further drop from this pair.

Sell EURAUD 1.5555
Stop loss 1.5635 (80 pips)
Take profit 1.5275 (280 pips)

RR ratio 1 : 3.5
Use only 1-2% risk
Good luck
Candlestick AnalysisEURAUDeuraudanalysiseuraudselleuraudshortInside BarinsidebarsetuppriceactionpriceactiontradingSupport and ResistanceTrend Lines

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