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SwissPips

EUR/AUD: Short entry triggered

Short
Euro / Australian Dollar (FX:EURAUD)  
SwissPips Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns EUR aud short Bearish Patterns Ichimoku Cloud pattern trend
15
2
trendanalysis chartpattern eur aud short bearish ichimokuclouds pattern trend
I entered short this trade a couple of minutes ago.

Volumes suggest we are having a pullback and the structure looks for the moment to be parallel.

I will monitor the position in case it goes against me.

*** Trade at your own risk ***
Comment:
I am lowering my target (more profits!) to 1.69500

It's the bottom of the structure + a fib level

snapshot
Comment:
Comment:
Since it's already late I will exit @ 1.69470 which is an area with a strong volume node. I will not look for more today with this pair.
Comment:
We are trading around the daily pivot level.

Waiting for it to break to add shorts.

Once this level is broken it should go down pretty fast

snapshot
Comment:
Sell triggered @ 1.70080
Trade closed: target reached:
Target reached (1.69470)
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