EURAUD: Shorting to 1.58

Updated
Hi guys,

I am shorting the pair which pulled back but seeing a rejection at 23.6% fib level.

We see a nice bearish divergence on three timeframes: h4,h1 and m15.

Best

Jesse

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H4

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Will come back later on for some updates
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Target lowered to 1.57850
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Adding a little more to my shorts
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Probably my last post of the day.

Last view : M15

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Booked partial profits expecting a pullback at some point lol
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I will short again if it goes up again, target unchanged
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When it goes up again *
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Come on you don’t Wanna pullback ? :-) strong bearish pressure
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Back with my shorts
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These will be my two targets, have a good evening/day/night guys!
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Just for your information, I think EURAUD could go much lower, but I will target 2 fib levels only and not 3!

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Trade closed: target reached
Target hit !

As usual I am interested to know who took the trade ?

Have a good day!

Jesse
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Thanks for your comments guys.

Happy we made some money on this trade which was a nice one :-)
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Check the chart above and now check the actualized one.

this is just the beauty of trading! i like it so much ! too many more :-)

Congrats to you if you held the trade til this wonderful target.

Cheers

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audBearish PatternsChart PatternsEUREURAUDForexfxSELLshortTrend Analysis

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