EURAUD - Short Idea, second attempt.

Short

Euro / Australian Dollar (FX:EURAUD)

Updated

FX:EURAUD Euro / Australian Dollar

trendanalysis harmonicpatterns chartpattern

I'll take this trade again all day. We have been doing our job waiting for "good" setups, the Market is just not interested in providing easy trades right now.

MACD - present
RSI - overbought on 1H, 4H, daily.
Shooting Star candle
1% Risk, 2:1RR

Trade closed: stop reached:

I'll be done with this pair for the week, I give myself two attempts then I walk away. #riskmanagement.

Comment:

crazy moves this week.

Comment:

I'm gonna admit, I retook this trade, the setup over night was so vivid. I don't often retake for a third time, but was able to cover my previous losses.

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.

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