UnknownUnicorn5940922

EURAUD 15/09/2021

Short
OANDA:EURAUD   Euro / Australian Dollar
Entry reasons:

1. Daily supply zone.
2. Daily head and shoulder pattern.
3. M30 market structure broken (no confirmation).

Possible exit reasons:
1. 1:5 risk to reward ratio achieved.
2. Next daily support.
3. Next daily demand.
4. Reversal in M30 market structure.

Risk of failure:
1. Daily trend still bullish.
Trade closed: stop reached:
Reversal in M30 market structure. However, still looking to sell as the daily supply zone has not been broken yet.
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