EUR AUD - Trade Idea - Long or SHort - Patience will Win

업데이트됨

Hello all DuncanForex.com with another trade idea

This one is dependant on Market conditions,

It is currently consolidating - sitting on Support whilst lower highs are continually made.

It is creating a triangle pattern and I am waiting for it to either break out and retest above the triangle or break out and retest below for a short opportunity.

I have alarms set in tradingview for the price to break certain price levels.

Lets se what happens.

I am conscious that to the left, is a large monthly pin bar - so at a point, I do expect EURAUD to head lower, however it may not be yet - we will see

thanks for looking

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Thanks for your time

Duncan

액티브 트레이드

aggressive entry long made on previous high at 1.6375

노트

Watch for the re-test of the triangle to initiate a long trade - if it does, I will take a second position

거래청산: 스탑 닿음

hi all - trade closed at break even - short position opened at 1.6353 with stops above swing high.
watching closely as bullard comments could send EURAUD higher.

거래청산: 타겟 닿음

hello all - short trade entered at 1.6353 has hit target of 1.6290