dopey99
Short

To short EUR/AUD retrace

FX:EURAUD   Euro / Australian Dollar
16 2 1
Daily Resistance in RED @ 1.4144. To short if I see bearish PA to resume downward trend.
Stop loss at Weekly Resistance @ 1.4288
Take Profit level at Weekly Support where price has bounced off @ 1.3829.
Entered at break of 4hr pin bar at 1.4090, price went down to 1.4011 and took me out at BREAKEVEN.
But itch over took so went in again at 1.4090 and got taken out at SL 1.4190.
Looks to be finishing as a very strong bullish bar today.
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4hr chart seems to be presenting a pin bar (if you combine the last two bars together it will form an 8hr pin bar that cannot close above resistance).
Will enter on a break of 15 pips on this pin bar to validate the short entry.
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