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Cmasterza

Short opportunity

Short
Euro / Australian Dollar (FX:EURAUD)  
Cmasterza  
FX:EURAUD   Euro / Australian Dollar
Support and Resistance Trend Lines Candlestick Analysis euraudshort euraudtrade priceaction Engulfing Candle profitfx profitfxza
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supportandresistance trendline candlestick euraudshort euraudtrade priceaction engulfingcandle profitfx profitfxza
The up channel support has been broken indicating a change in market structure.

# Since then price has broken the 1.61326 support and
# Tested as resistance
# Bearish engulfing candle pattern formed (sell signal)

Entered at market price 1.61054 with

# SL above the engulfing at 1.61532 and
# TP lower down around support @ 1.59530

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