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
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
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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.
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.