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Elite_Markets

Swing Sell on EURAUD

Short
Euro / Australian Dollar (FX:EURAUD)  
Elite_Markets Updated   
FX:EURAUD   Euro / Australian Dollar
Supply and Demand Support and Resistance
3
0
supplyanddemand supportandresistance
Price hit a demand zone and is moving down to break the support. The overall trend is bearish.

Enter price: Current Market Price
SL at 1.6285

I will update you on this trade
Trade closed manually
Comment:
We get a 3 retest lower, a swing low is formed. Let’s go buy for mean reversion

Entry price: buy at 1.62000
Comment:
Stop loss at 1.61400
Comment:
Mean reversion not valid.
Move sell...
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